Though the major U.S. benchmarks have diverged slightly in recent sessions, the bigger-picture market backdrop remains firmly bullish. On a headline basis, the S&P 500 has confirmed its primary uptrend, extending a statistically unusual breakout to start December. Before detailing the U.S. markets’ wider view, the S&P 500’s SPX, -0.37% hourly chart highlights the past two weeks. As illustrated, the S&P has tagged its latest record high. Near-term support (2,634) is followed by a firmer floor matching the breakout point, an area spanning from 2,597 to 2,605. Friday’s session low matched support. via