The Near-Term Battle Lines for the Stock Market are Well Drawn

Also, a Nice Victory Lap on Tesla

• The near-term battle lines (the key support and resistance levels) on both the S&P 500 and the NDX Nasdaq 100 are well drawn. Whichever one is broken in a material way over the next few days should go a long way to telling us how the market will act for the last 2+ weeks of the year.

• Victory lap on Tesla.