Dips continue find support ahead of the key 3123.7-3129.1 support region with bears needing a close below the 200-DMA to add weight to the bearish case. Immediate focus then shifts to the April monthly low with overall focus shifting to a retest of the Mar monthly low (2971.5). The close marginally above the 100-DMA has eased bearish pressure with bulls needing a close above the falling daily trend line to target 2014 highs
RES 4: 3240.1 Falling daily trend line June/July highs
RES 3: 3228.0 55-DMA
RES 2: 3211.5 Monthly low June 30 now resistance
RES 1: 3210.2 21-DMA
PREVIOUS CLOSE: 3189.1
SUP 1: 3129.1 Monthly Low May 7
SUP 2: 3123.7 200-DMA
SUP 3: 3106.7 61.8% Fibonacci 2971.5-3325.5
SUP 4: 3083.4 Monthly Low Apr 14