U.S. STOCK INDEXES The June NASDAQ 100 closed lower on Friday as it consolidated some of the rally off June's low. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Closes above the 50-day moving average crossing at 7543.66 would open the door for additional gains near-term. If June extends the rally off this month's low, April's high crossing at 7879.50 is the next upside target. If June resumes the decline off April's high, the 50% retracement level of the December-April-rally crossing at 6863.36 is the next downside target. First resistance is the 50-day moving average crossing at 7543.66. Second resistance is April's high crossing at 7879.50. First support is June's low crossing at 6941.25. Second support is the 50% retracement level of the December-April-rally crossing at 6863.36. The June S&P 500 closed lower on Friday as it consolidates some of this month's gains but remain above the 50-day moving average crossing at 2875.80 confirming that a short-term low has been posted. The low-range close sets the stage for a steady to lower opening when Monday's night 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 June extends this month's rally, May's high crossing at 2957.30 is the next upside target. If June resumes the decline off May's high, the 38% retracement level of the December-April-rally rally crossing at 2723.23 is the next downside target. First resistance is Tuesday's high crossing at 2911.00. Second resistance is May's high crossing at 2957.30. First support is the 38% retracement level of the December-April-rally crossing at 2723.23. Second support is the 50% retracement level of the December-April-rally crossing at 2650.94. The Dow closed slightly lower on Friday as it consolidates some of the rally off June's low. The high-range close sets the stage for a steady to higher opening when Monday's night 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 the Dow extends this month's rally, April's high crossing at 25,695.96 is the next upside target. Closes below the 20-day moving average crossing at 25,617.62 would confirm that a short-term top has been posted. First resistance is Tuesday's high crossing at 26,248.67. Second resistance is April's high crossing at 26,695.96. First support is the 38% retracement level of the December-May-rally crossing at 24,795.46. Second support is the 50% retracement level of the December-May-rally crossing at 24,204.24. 
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