The U.S. stock indexes have seen very choppy trading recently, including higher intra-day volatility. The near-term daily bar charts for the S&P e-mini and Nasdaq futures show very strong overhead resistance at the summertime highs. Technical odds suggests that strong chart resistance will turn back rally attempts in the near term. This also implies that trading in the U.S. stock indexes will remain choppy and sideways, or sideways to lower, into the end of the year. Stay tuned!–Jim