The rally is looking a little shaky following the failure at the longer term falling daily trend line with bulls now needing a close above $95.19 to ease the pressure on the 21-DMA. The 21-DMA remains key support with bears needing a close below to end bullish hopes and shift overall focus back to the $90.43 level. Bears will then need a close below $91.50 to add weight to the bearish case with V14 having repeatedly bounced from below this level
RES 4: $96.80 – 55-DMA
RES 3: $96.59 – 200-DMA
RES 2: $96.00 – High Aug 29
RES 1: $95.19 – High Sept 16
PRICE: $93.95
SUP 1: $93.67 – 21-DMA
SUP 2: $92.46 – Hourly support Sept 16
SUP 3: $91.77 – Alternating hourly support/resistance
SUP 4: $90.43 – Low Sept 11