The recovery from ahead of the key 3124.6-3129.1 support region stalled ahead of the 3228.7-3239.8 resistance region Friday with the pullback seeing focus return to the key 3125.6-3141.4 support region. The 200-DMA, May lows and rising daily channel base are noted in this region with bears needing a close below the 200-DMA to end the choppy sideways trading and bullish hopes and see immediate focus shift to the 3083.4 Apr monthly low.
RES 4: 3325.5 2014 High June 19
RES 3: 3289.8 High July 3
RES 2: 3239.8 High July 8
RES 1: 3228.7 55-DMA, Falling daily trend line June/July highs
PREVIOUS CLOSE: 3175.1
SUP 1: 3165.8 Low July 25
SUP 2: 3141.4 Rising channel base Sep 13/Mar 14 Lows
SUP 3: 3129.1 Monthly Low May 7
SUP 4: 3125.6 200-DMA