The U.S. stock index futures sold off sharply Tuesday, to put the bears back in near-term technical control. See on the daily bar chart the strong support and resistance lines for the e-mini S&P March futures. The direction in which prices move out of the trading range bound by those lines on the chart will be the direction of the next near-term trend in prices. Right now, technical odds favor a breach of chart support at the October low of 2,603.00. Stay tuned!