As the 21-DMA heads higher the 3321.6 support becomes key. Bears need a close below 3321.6 to confirm a break of the 21-DMA, ending bullish hopes and seeing bears initially target the 3133.9-3215.1 region where 55, 100 & 200-DMAs are located. While 3321.6 supports bulls remain focused on the 3426.7-3463.7 region where 2015 highs and the trend line extension are located.
RES 4: 3530.3 Bollinger band top
RES 3: 3459.8 Rising daily trend line extension
RES 2: 3456.8 Monthly High Aug 2008
RES 1: 3426.7 2015 High Feb 3
PREVIOUS CLOSE: 3374.0
SUP 1: 3327.2 21-DMA
SUP 2: 3321.6 Low Feb 9
SUP 3: 3261.8 Low Jan 22
SUP 4: 3212.4 55-DMA
