Fresh 2015 and 6+ year highs Wednesday were followed up with consolidation at lofty levels Thursday following the bounce from ahead of the 21-DMA and 3529.1-3459.1 region. Bulls remain focused on spikes above the Bollinger band top with a close below 3529.1 now needed to confirm a break of the 21-DMA, ending bullish hopes and shifting overall focus back to 3321.6-3381.3 region.
RES 4: 3900.3 Monthly High May 2 2008
RES 3: 3790.5 High May 30 2008
RES 2: 3684.3 Bollinger band top
RES 1: 3662.3 Low June 5 2008 now resistance
PREVIOUS CLOSE: 3641.1
SUP 1: 3549.1 Low Mar 10
SUP 2: 3542.5 21-DMA
SUP 3: 3495.3 High Feb 19 now support
SUP 4: 3439.2 Low Feb 19
