May 5, 2014 | S&P 500 Monday's Reference Points
by Carl Weiss
1. Friday's Close 1875.50
2. Support
2.1. 1871
2.1.1. Minor Support
2.1.1.1. FOMC low
2.2. 1863 - 1865
2.2.1. Minor support
2.2.1.1. 29-APR-2014 low
2.2.1.2. 28-APR-2014 Intraday low
2.3. 1844 - 1846
2.3.1. Near term support
2.3.1.1. 28-APR-2014 low
2.3.1.2. 17-APR-2014 low
2.3.1.3. 17-APR-2014 overnight low
2.4. 1834 - 1836
2.4.1. Support
2.4.1.1. 28-APR-2014 high
2.4.1.2. Previously major support
2.5. 1828
2.5.1. Support at the intraday price levels
2.5.1.1. support preceded the breakout up to 21-APR-2014 overnight high, 1848
2.6. 1807
2.6.1. Major Support at 11-MAR-2014
2.6.1.1. 14-MAR-204 & 15-MAR-2014 Lows
2.7. 1800
2.7.1. The key psychological level
2.8. How To Buy Support
3. Resistance
3.1. How To Sell Resistance
3.2. 1910
3.2.1. Extreme Price Excursion Estimate
3.3. 1900
3.3.1. Maximum Likelihood Expectation Estimate
3.4. 1893 - 1895
3.4.1. Major Resistance
3.4.1.1. The current record high
3.5. 1883\6
3.5.1. Minor resistance
3.5.1.1. 02-MAY-2014 high