The close above the 3062.0 level Friday confirmed bullish pressure with immediate focus having shifted to the 3130.6-3169.9 region where key DMAs are located. The 3062.0 level now becomes initial support with bears needing a close below to ease bullish pressure and below the 21-DMA to hint at a move back to Oct monthly lows. Overall while 3062.0 supports bulls target 2014 highs
RES 4: 3301.2 2014 High Sept 19
RES 3: 3259.2 High Sept 25
RES 2: 3169.9 High Oct 96
RES 1: 3130.6 55-DMA
PREVIOUS CLOSE: 3113.1
SUP 1: 3062.0 High Oct 27 now support
SUP 2: 3018.0 21-DMA
SUP 3: 2965.6 Low Oct 30
SUP 4: 2906.0 Low Oct 21
