Stock Market Analysis

S&P Futures broke above resistance & went higher, showing a lot of strength but went up too high too early again
S&P 500 new resistance @ 1844 but it might be able to go even higher if economic news especially Consumer Confidence are better than expected

Look to buy S&P 500 @ 1844 if it breaks above & goes higher, for 30 minutes expiration, sell @ 1844 if it fails & drops further
If it fails, S&P 500 might drop back to test 1840 again
Look to buy S&P 500 around 1839 or 1840 (support not confirmed yet for today) if it rebounds, stays above & goes higher, for 30 minutes expiration, especially if economic news are better than expected & the market goes up after that

Today's the end of the year 2013 & trading will be at a higher risk as stocks might also drop instead of going higher due to profit taking