U.S. STOCK INDEXES The Dow closed lower on Friday as investors weigh Trump's coronavirus diagnosis, and today's September's jobs report, which came in weaker-than-expected. The U.S. economy created 661,000 new jobs in September while unemployment rate fell to 7.9% to the lowest level of the pandemic. The increase in hiring was the slowest pace since the economy reopened and pointed to a slow-down in the economic recovery. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices remain possible near-term. Close above last-Wednesday's high crossing at 28,364.77 would signal that a short-term low has been posted. If the Dow renews the decline off September's high, the 25% retracement level of the March-September-rally crossing at 26,464.30 is the next downside target. First resistance is September's high crossing at 29,199.35. Second resistance is February's high crossing at 29,568.57. First support is the 25% retracement level of the March-September-rally crossing at 26,464.30. Second support is the 38% retracement level of the March-September-rally crossing at 25,010.37. The December NASDAQ 100 closed sharply lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above today's high crossing at 11,604.75 would open the door for a possible test of September's high crossing at 12,465.25. If December renews the decline off September's high, the 38% retracement level of the March-September-rally crossing at 10,354.13 is the next downside target. First resistance is today's high crossing at 11,604.75. Second resistance is September's high crossing at 12,465.25. First support is last-Monday's low crossing at 10,656.50. Second support is the 38% retracement level of the March-September-rally crossing at 10,354.13. The December S&P 500 closed lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the decline off September's high, the July 24th low crossing at 3217.00 is the next downside target. Closes above the September 16th high crossing at 3412.00 are needed to confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 3394.58. Second resistance is September's high crossing at 3568.80. First support is last-Friday's low crossing at 3210.70. Second support is the 38% retracement level of the March-September-rally crossing at 3049.78. 
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