The bull market in U.S. stock indexes rolls on, as the major indexes this week hit new contract and record highs. There are no early, solid technical clues to suggest market tops are close at hand for the U.S. indexes. The “Santa Claus” rally that stock markets typically see at the end of the year has been taking place ALL of this year. For the March e-mini S&P futures, prices will have to drop below chart support at 2,650.00 before bullish near-term technical power is significantly dented. Stay tuned!–Jim
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