Daily studies at O/B levels remain the key concern for bulls with a close above the 3223.9 July 24 high needed to reconfirm bullish focus and provide some breathing room. Dips continue to find support ahead of the 200-DMA since the close above last week and as a result bears need a close below 3123.6 to confirm a break of the 200-DMA and an easing of bullish pressure. Overall a close below the 21-DMA targets August lows
RES 4: 3228.2 Ichimoku cloud top
RES 3: 3223.9 High July 24
RES 2: 3214.0 Bollinger band top
RES 1: 3210.7 High July 30
PREVIOUS CLOSE: 3175.1
SUP 1: 3141.0 Rising daily channel base Aug Low
SUP 2: 3133.6 200-DMA
SUP 3: 3123.6 Low Aug 25
SUP 4: 3093.9 21-DMA