Bears continue to take comfort in recent failures ahead of the 3062.0 resistance level and now look for a close below 3012.6 to provide some breathing space and below 2971.9 to shift focus back to the 2014 low (2789.6). Bulls need a close above 3062.0 to confirm a break of the 21-DMA and shift immediate focus to key DMAs clustered 3129.5-3157.4.
RES 4: 3129.9 55-DMA
RES 3: 3105.7 61.8% Fibonacci 3301.1-2789.6
RES 2: 3090.4 High Oct 9
RES 1: 3062.0 High Oct 27
PREVIOUS CLOSE: 3022.2
SUP 1: 3012.6 Low Oct 29
SUP 2: 2971.9 Low Oct 22
SUP 3: 2906.0 Low Oct 21
SUP 4: 2872.5 Low Oct 17