Bulls take comfort in the recent closes above the 21 & 200-DMAs but continue to look for a close above 3199.2 to confirm the bullish bias and shift focus to 3278.6-3302.9 where the 2014 high is located. Bears continue to look for a close below 3141.2 to ease bullish pressure and below 3080.5 to confirm breaks of the 55 & 100-DMAs, reconfirming bearish pressure and targeting 2789.6-2921.7
RES 4: 3302.9 2014 High Sept 19
RES 3: 3278.6 High Dec 5
RES 2: 3229.2 High Dec 9
RES 1: 3199.2 High Dec 10
PREVIOUS CLOSE: 3184.5
SUP 1: 3141.2 Hourly support Dec 23
SUP 2: 3106.9 Hourly support Dec 19
SUP 3: 3080.5 Low Dec 18
SUP 4: 3052.0 Hourly resistance Dec 17 now support
