We've had a 30-minute close < .5% below the 30-min,92-unit M/A. First time in weeks!
Now, with just a few points more we will crack the nut. In my 10:45 post I pointed to a layer of support just beneath the 30-minute break. The white line there minus 6.25 points is 1126.
Another close-by support level is on the hourly chart, the trendline and the yellow line (125-hour) beneath it. I want to go 2.25 points beneath the yellow line before yelling "Timber". I tried inverting the colors on this chart but it turned out ugly. Click to enlarge.