U.S. STOCK INDEXES The September NASDAQ 100 was steady to slightly lower overnight as it consolidates some of the rally off June's low. Overnight trading sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, the 38% retracement level of the 2021-2022 decline crossing at 13,164.61 is the next upside target. Closes below the 20-day moving average crossing at 12,232.85 would signal that a short-term top has been posted. First resistance is last-Friday's high crossing at 13,012.00. Second resistance is the 38% retracement level of the 2021-2022 decline crossing at 13,164.61. First support is the 10-day moving average crossing at 12,440.30. Second support is the July 13th low crossing at 11,479.25. Third support is the June 30th low crossing at 11,351.00. The September S&P 500 was steady to lower overnight as it consolidates some of the rally off June's low. Overnight trading sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, the 50% retracement level of the January-June decline crossing at 4215.81 is the next upside target. Closes below the 20-day crossing at 3929.09 would signal that a short-term top has been posted. First resistance is the 50% retracement level of the January-June decline crossing at 4215.81. Second resistance is the 62% retracement level of the January-June decline crossing at 4352.80. First support is the 10-day moving average crossing at 4011.65. Second support is the 20-day moving average crossing at 3927.74. 
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