3094.6-3129.0 remains key to direction with the 21-DMAs, 38.2% Fibonacci retracement and daily highs located in this region. Bulls need a close above 3095.2 to confirm a break of the 21-DMA and an easing of bearish pressure and above the 200-DMA to shift immediate focus to the 3163.7-3187.6 region where the falling daily trend line, 55-DMA & 100-DMA are located. Bears look for a close below 3065.2 to reconfirm bearish pressure.
RES 4: 3129.0 200-DMA
RES 3: 3105.4 Hourly resistance Aug 1
RES 2: 3095.2 High Aug 19
RES 1: 3094.6 21-DMA
PREVIOUS CLOSE: 3083.3
SUP 1: 3065.2 Low Aug 20
SUP 2: 3056.6 Low Aug 18
SUP 3: 3028.6 Low Aug 5
SUP 4: 3017.6 Low Aug 12