S&P_

November monthly closed in the buy range. pressures are neutral.

weekly is in the trade up from 1391 to 1474. pressures are up.

Daily trade is up, but at resistance and showing negative divergences.
after a move thru the 1431 pivot, next target up is 1475.

a small pullback to 1399 would cure the current over bot conditions, and could set up a new move up.

these fiscal cliff conversations introduce chop. a rally is likely with any resolution.
but if too much austerity is part of the bargain then look for downward pressures in the first half 2013, then a recovery in the 2nd half.