Bulls take some comfort in the bounce from ahead of the 2900.0 level when combined with correcting O/B daily studies and the relatively bullish close Tuesday. Immediate focus shifts to the 3034.9 level with bulls needing a close above to hint at move back to 55, 100 & 200-DMAs clustered 3130.5-3170.4. Bears now need a close below 2906.0 to see bears regain control and target 2014 lows
RES 4: 3106.4 Previous daily support now resistance
RES 3: 3090.4 High Oct 9
RES 2: 3079.8 21-DMA
RES 1: 3034.9 High Oct 10
PREVIOUS CLOSE: 2991.3
SUP 1: 2906.0 Low Oct 21
SUP 2: 2872.5 Low Oct 17
SUP 3: 2789.6 2014 Low Oct 16
SUP 4: 2748.6 Low Sept 5 2013