April 07, 2014 | S&P 500 Monday's Reference Points
by Carl Weiss
1. Friday's Close 1860.00
2. Support
2.1. 1856
2.1.1. Friday's Low
2.1.1.1. The upper edge of the middle demand cluster
2.2. 1848 - 1850
2.2.1. Near Term Support
2.2.1.1. Thursday's High (27-MAR-2014)
2.2.1.2. Friday's Close (28-MAR-2014)
2.3. 1832
2.3.1. Major Support
2.3.1.1. Friday's Low (21-MAR-2014)
2.3.1.2. Prior Major Support
2.4. How To Buy Support
3. Resistance
3.1. How To Sell Resistance
3.2. 1893 - 1905
3.2.1. Major Resistance
3.2.1.1. The new record high
3.3. 1876
3.3.1. Minor Resistance
3.3.1.1. Friday 's Major Breakdown point below the weakest previous support level
3.4. 1870 - 1868
3.4.1. Support
3.4.1.1. The distance of an average daily range below Wednesday's high (02-APR-2014)
3.4.1.2. Friday's Major Breakdown Point: The distance of an average daily range below the new record high
3.5. 1865
3.5.1. Minor Intraday
3.5.1.1. Late in the day retracement on Friday 04-APR-2014