The current market state continues its seemingly complacent bullish bias and is balancing at higher prices. Volatility remains very low as we approach the end of the 3rd quarter and the all time high is within a stones throw of being challenged again.

Until we see evidence to the contrary, the longer time frame remains bullish and short term is bullish/neutral while it remains in the current balance area.

I'm using 2493.75-95.00 as the initial support zone. If that fails i'd look for a move down into 85.00-87.75 where i'd watch for signs of buyers stepping in. With short term bias bullish/neutral i'd still expect to see a selling response at the resistance zones marked unless a move up is on strong volume, momentum and market breadth.

Zones below shown on the globex and RTH charts: