S&P

Here is an hourly chart of the December S&P e-mini futures. I last commented on this market here.

I had thought that the market would hold support in the 1383-84 range but last night's election news encouraged some more selling. Right now I see resistance above the market at 1386.25 and support near 1378. I think we shall see a dip to 1378 or so before the market resumes its rally and breaks above resistance at 1386.25.