The bounce from the 3529.1 support not only confirmed significance of this level but has now resulted in fresh 2015 and 6+ year highs with focus again shifting to oscillation around the Bollinger band top. Bears continue to look for a close below 3529.1 to confirm a close below the daily trend line extension and an easing of bullish pressure. Overall bears need a close below the 21-DMA to hint at a deeper correction targeting 3308.4-3321.6.
RES 4: 3900.3 Monthly High May 2 2008
RES 3: 3790.5 High May 30 2008
RES 2: 3662.3 Low June 5 2008 now resistance
RES 1: 3648.7 Bollinger band top
PREVIOUS CLOSE: 3618.0
SUP 1: 3529.1 Low Feb 25
SUP 2: 3495.3 High Feb 19 now support
SUP 3: 3486.6 21-DMA
SUP 4: 3439.2 Low Feb 19
