July 18th, 2014 | S&P 500 Friday's Reference Points
by Carl Weiss
1. Thursday's Close 1953.50
2. Support
2.1. 1944
2.1.1. Support
2.1.1.1. 10-JUL-2014 day session Low
2.1.1.2. 09-JUL-2014 Overnight 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. 1976 - 1978
3.3.1. July 3rd record high
3.3.2. Fractal High 15-JUL-2014
3.3.3. 2nd Markov Chain level (23 points)