The e-mini S&P stock index futures bulls have faded a bit recently, but the overall near-term price uptrend on the daily bar chart remains in place. However, see at the bottom of the chart that the MACD indicator is in a bearish posture. A drop below strong chart support at the August low of 4,339.75 in December futures would negate the price uptrend and be one clue that a market top is in place. Bears know that the months of September and October can be unkind to the stock market bulls. Stay tuned!