U.S. STOCK INDEXES The Dow closed higher on Monday as it extends the rally off September's low. The mid-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. If the Dow extends the rally off September's low, September's high crossing at 29,199.35 is the next upside target. Closes below the 20-day moving average crossing at 27,715.96 would signal that a short-term top has been posted. First resistance is today's high crossing at 28,676.29. Second resistance is September's high crossing at 29,199.35. First support is the 20-day moving average crossing at 27,715.96. Second support is the 25% retracement level of the March-September-rally crossing at 26,464.30. The December NASDAQ 100 closed sharply higher on Friday. 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 are possible near-term. Today's close above last-Friday's high crossing at 11,604.75 opens 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 11,705.50. Second resistance is September's high crossing at 12,465.25. First support is September'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 higher on Friday as it extends the rally off September's high. 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 neutral to bullish signaling that sideways to higher prices are possible near-term. If December extends the rally off September's low, September's high crossing at 3568.80 is the next upside target. Closes below the 20-day moving average crossing at 3406.01 would confirm that a short-term top has been posted. First resistance is today's high crossing at 3451.90. Second resistance is September's high crossing at 3568.80. First support is the 10-day moving average crossing at 3346.38. Second support is September's low crossing at 3210.70. 
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