The index moved a bit above the 4135 resistance level, getting as high as 4168. It has since dropped to below the 3600 level.
Support is at the 4 1/8 multiple of the 807 index low made in 2005. But I think this market will probably not drop so low given its recent strength, so I am looking for a reaction low close to 3400. In any event I think the next swing will carry up to the 5 5/8 multiple of 807 which stands at 4540.