Copy of Thursday's S&P 500 Reference Points March 19, 2014 (Wednesday's Close = 1,851)
af Carl Weiss
1. Resistance
1.1. How To Sell Resistance
1.2. Major Resistance
1.2.1. 1,883 1,887
1.2.1.1. Fractal Record High
1.3. Near Term Resistance
1.3.1. 1865 - 1867
1.3.1.1. March 13th High - Note - S&P Sold Down From 1,867
1.4. Minor Resistance
1.4.1. 1854 - 1856
1.4.1.1. Mid Point of Wednesday's Trading range
2. Support
2.1. Near Term Support
2.1.1. 1,842 -1,846
2.2. Major Support
2.2.1. 1,832 - 1,834
2.2.1.1. Friday's Low
2.2.1.2. Prior Major Support
2.3. Major Support
2.3.1. 1824
2.3.1.1. Sunday's GLOBEX Low
2.4. Major Support
2.4.1. 1,816 - 1,817
2.5. Major Psychological Support
2.5.1. 1,800
2.5.1.1. Midpoint of the developing trading range
2.5.1.2. February 13th, 2014 | Low