Monday’s big sell off in the U.S. stock indexes negated a near-term price uptrend in place on the daily bar chart for the e-mini December stock index futures. That’s a technical clue that a near-term market top is in place. But once again the bulls are showing keen resilience, as they have for the past many months, as prices have rebounded from Monday’s drubbing. Trading action the rest of this week will be extra important for the stock indexes. Closes Friday at or near the weekly highs would put the stock index bulls right back in business. Stay tuned!