We are going back to the the support line from the pre 2013 mega rally. As we already passed the great short of 2014 and reached bottom around 200, we are now headed to a steady rise, with opportunities for long positions placed at 230's. Following this steady rise, we won't be reaching the 300 mark before mid july, but if the previous run repeats, we will see 300 by the end of the month. If it happens, it will be possible to protect the long positions.
We haven't gone back to that trend line and we keep around 236. This line has been acting as support the previous days, but I'd say that one day close below that mark and it will turn into resistance, as it's happened for the last 3 months.