Copy of July 11th, 2014 | S&P 500 Friday's Reference Points
by Carl Weiss
1. Zigzag Graphic
2. Market Development
3. For Detailed Information Visit http://followthebots.com/market-structure
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
4.4. 1968
4.4.1. Resistance
4.4.1.1. the 09-JUL-2014 high
4.4.1.2. at or near the 06-JUL-2014 Low
5. Wednesday's Close 1962.50
6. Support
6.1. 1944
6.1.1. Support
6.1.1.1. 10-JUL-2014 Low
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