July 10th, 2014 | S&P 500 Thursday's Reference Points
by Carl Weiss
1. Market Development
2. For Detailed Information Visit http://followthebots.com/market-structure
3. Zigzag Graphic
4. Resistance
4.1. How To Sell Resistance
4.2. 1986
4.2.1. Maximum range extension estimate
4.3. 1978
4.3.1. July 3rd record high
5. Wednesday's Close 1967.25
6. Support
6.1. 1958 - 1960
6.1.1. Support
6.1.1.1. 20-JUN-2014 High
6.1.1.2. 01-JUL-2014 Transition break-out point
6.2. 1938 - 1936
6.2.1. Support
6.2.1.1. 12-JUN-2014 low
6.2.1.2. The prior 3 day consolidation high,
6.2.1.3. the 18-JUN-2014 FOMC breakout point
6.2.1.4. 40 points above the current record high at 1978
6.3. 1918
6.3.1. Support
6.3.1.1. 12-JUN-2014 Low
6.3.1.2. 37 points below the current record high ,1954
6.3.1.3. 20 points above the previous record high at 1898
6.4. 1904
6.4.1. Major support:
6.4.1.1. 28-MAY-2014 Low
6.4.1.2. 27-MAY-2014 Low