The main U.S. stock market indexes have closed mixed today, extending their short-term fluctuations as investors hesitate ahead of Friday’s unemployment data release. The S&P 500 index lost 0.3%, after earlier rebounding from the daily low at 1,680.34. The nearest level of support is at around 1,680, marked by the 50% retracement of the August-September rally at 1,678.67. On the other hand, the resistance level remains at 1,700. The S&P 500 futures contract (CFD) broke above the short-term downward trend line recently and continues to fluctuate below the resistance level of 1,690. The support is at 1,665, marked by the early September consolidation. Still with no confirmed downtrend reversal signals, as the 15-minute chart shows:

The Nasdaq 100 futures contract (CFD) continues to behave relatively very well, as it is near its long-term high. The nearest resistance is at around 3,250, and the support is at 3,230-3,240, marked by the previous resistance. The main level of support is currently at 3,200, marked by some of the recent local lows, as we can see on the 15-minute chart:

Thank you,
Paul Rejczak