With the 3326.4 support having confirmed significance recently the resulting bounce to fresh 2015 and 6+ year highs Tuesday reconfirmed the bullish bias with immediate focus having shifted to the daily trend line extension off Dec and Jan highs. Bears now need a close below 3386.6 to ease bullish pressure and below the key 3326.4 support to hint at a deeper correction that initially targets the 3236.9-3261.8 region where the 21-DMA is located.
RES 4: 3506.9 Bollinger band top
RES 3: 3456.8 Monthly High Aug 2008
RES 2: 3440.6 Daily trend line extension
RES 1: 3426.7 2015 High Feb 3
PREVIOUS CLOSE: 3414.1
SUP 1: 3386.6 Low Feb 3
SUP 2: 3326.4 Low Jan 29
SUP 3: 3261.8 Low Jan 22
SUP 4: 3236.9 21-DMA
