July 15th, 2014 | S&P 500 Tuesday's Reference Points
by Carl Weiss
1. Market Development
2. For Detailed Information Visit http://followthebots.com/market-structure
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
4. Monday's Close 1971.00
5. Support
5.1. 1953
5.1.1. Minor support
5.1.1.1. The 11-JUL-2014 Low
5.1.1.2. At or near the 08-JUL-2014, which held support prior to the overnight break-down.
5.2. 1944
5.2.1. Support
5.2.1.1. 10-JUL-2014 Low
5.3. 1938 - 1936
5.3.1. Support
5.3.1.1. 12-JUN-2014 low
5.3.1.2. The prior 3 day consolidation high,
5.3.1.3. the 18-JUN-2014 FOMC breakout point
5.3.1.4. 40 points above the current record high at 1978
5.4. 1918
5.4.1. Support
5.4.1.1. 12-JUN-2014 Low
5.4.1.2. 37 points below the current record high ,1954
5.4.1.3. 20 points above the previous record high at 1898
5.5. 1904
5.5.1. Major support:
5.5.1.1. 28-MAY-2014 Low
5.5.1.2. 27-MAY-2014 Low