U.S. STOCK INDEXES The Dow closed lower on Friday but pared early session losses on news that talks on another financial aid package were gaining very little traction in Congress, which raised investor fears that the plan would not be implemented before Election Day. The mid-range close sets the stage for a steady to slightly lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices remain possible near-term. Closes below the 50-day moving average crossing at 28,020.51 would signal that a short-term top has been posted. If the Dow renews the rally off September's low, September's high crossing at 29,199.35 is the next upside target. First resistance is October's high crossing at 28,957.90. Second resistance is September's high crossing at 29,199.35. First support is the 50-day moving average crossing at 28,020.51. Second support is the 25% retracement level of the March-September-rally crossing at 26,464.30. The December NASDAQ 100 posted an inside day with a higher close 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 remain neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 11,510.50 are needed to confirm that a short-term top has been posted. If December renews the rally off September's low, September's high crossing at 12,465.25 is the next upside target. First resistance is October's high crossing at 12,197.00. Second resistance is September's high crossing at 12,465.25. First support is the 50-day moving average crossing at 11,510.50. Second support is October's low crossing at 10,204.50. The December S&P 500 closed 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 neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 3395.98 would confirm that a short-term top has been posted. If December renews the rally off September's low, September's high crossing at 3516.60 is the next upside target. First resistance is October's high crossing at 3498.10. Second resistance is September's high crossing at 3516.60. First support is the 50-day moving average crossing at 3395.98. Second support is the October 2nd low crossing at 3304.70. 
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