The e-mini S&P stock index futures are presently trending up and are near the recent for-the-move and two-month high. Bulls have the near-term technical advantage to suggest the path of least resistance for prices will continue to be sideways to higher in the near term. Veteran stock market traders also know the seasonal “Santa Claus” rally may continue to boost prices higher into the end of the year. Stay tuned! Jim Wyckoff