Both DJIA and S&P 500 seems to have a unified movement in the short to medium-term with the Bears attacking after every attempt for the Bulls to recover to the previous up trend.

Point A for both DJIA and S&P 500 shows the stop of the up trend climb.  This week we saw the Bull's attempt to try to jump back in with Point B & C.  They failed.

 DJIA Chart:

 S&P 500 Chart:

Prolonged sideways movement is seen and a possible bearish move to succeed not unless both indexes consolidates at current levels and break out. 

DJIA Support Levels:

Initial Support : 11,240

Second Support : 11,086

Major Support : 10,732

S&P 500 Support Levels:

Initial Support : 1,261

Second Support : 1,234

Major Support : 1,200

NASDAQ has decided to take a break.  The insignificant support of 2,360 was broken however as the index found the Bull's mercy at 2,345.  This is previous resistance which now acts as the new support.

 NASDAQ Chart:

Initial Support : 2,345

Second Support : 2,258

Major Support : 2,167