The sell-off that dominated for the majority of this week came to an end Thursday with an aggressive bounce from the key 3190.7 support level. The result has seen most of Wednesday’s losses erased with bulls now needing a close above 3253.0 confirm bullish pressure and hint at a move back to the 2014 high. Bears continue to look for a close below 3190.7 to hint at a deeper correction
RES 4: 3360.8 Weekly Bollinger band top
RES 3: 3325.5 2014 High June 19
RES 2: 3302.9 High June 23
RES 1: 3253.0 High Sept 23
PREVIOUS CLOSE: 3244.1
SUP 1: 3190.7 Low Sept 3
SUP 2: 3161.9 55-DMA
SUP 3: 3153.6 200-DMA
SUP 4: 3123.6 Low Aug 25