Copy of July 11th, 2014 | S&P 500 Friday's Reference Points
by Carl Weiss
1. Wednesday's Close 1962.50
2. Support
2.1. 1944
2.1.1. Support
2.1.1.1. 10-JUL-2014 Low
2.2. 1938 - 1936
2.2.1. Support
2.2.1.1. 12-JUN-2014 low
2.2.1.2. The prior 3 day consolidation high,
2.2.1.3. the 18-JUN-2014 FOMC breakout point
2.2.1.4. 40 points above the current record high at 1978
2.3. 1918
2.3.1. Support
2.3.1.1. 12-JUN-2014 Low
2.3.1.2. 37 points below the current record high ,1954
2.3.1.3. 20 points above the previous record high at 1898
2.4. 1904
2.4.1. Major support:
2.4.1.1. 28-MAY-2014 Low
2.4.1.2. 27-MAY-2014 Low
2.5. How To Buy Support
3. Resistance
3.1. How To Sell Resistance
3.2. 1986
3.2.1. Maximum range extension estimate
3.3. 1978
3.3.1. July 3rd record high
3.4. 1968
3.4.1. Resistance
3.4.1.1. the 09-JUL-2014 high
3.4.1.2. at or near the 06-JUL-2014 Low