The strength of the current rally continues to be confirmed by bounces from dips back towards the key 3529.1 support level. The 21-DMA comes in just above this level with bears needing a close below to end bullish hopes and hint at a move lower whereas a close below 3495.3 confirms a shift in focus to the 3321.6-3381.3 region where the 55-DMA is located. Bullish focus remains on the Bollinger band tops
RES 4: 3900.3 Monthly High May 2 2008
RES 3: 3790.5 High May 30 2008
RES 2: 3681.4 Bollinger band top
RES 1: 3662.3 Low June 5 2008 now resistance
PREVIOUS CLOSE: 3649.1
SUP 1: 3549.1 Low Mar 10
SUP 2: 3529.7 21-DMA
SUP 3: 3495.3 High Feb 19 now support
SUP 4: 3439.2 Low Feb 19
