Daily studies at O/B levels remain the key concern for bulls with a close above the 3223.9 July 24 high needed to reconfirm bullish focus and provide some breathing room. Layers of support remain in the 3099.2-3151.2 region with bears needing a close below 3123.6 to confirm a break of the rising daily channel base and 21-DMA, easing bullish pressure, and below the 21-DMA to see bears targeting Aug monthly lows.
RES 4: 3227.5 Ichimoku cloud top
RES 3: 3224.2 Bollinger band top
RES 2: 3223.9 High July 24
RES 1: 3210.7 High July 30
PREVIOUS CLOSE: 3180.1
SUP 1: 3151.2 Rising daily channel base off Aug Low
SUP 2: 3134.3 200-DMA
SUP 3: 3123.6 Low Aug 25
SUP 4: 3099.2 21-DMA