Simply a variety of ways of describing the same thing. The common theme in everything I've posted is price and volume and the dynamics between demand and supply, or buyers and sellers, or buying pressure and selling pressure. It's all the same thing. Beyond that, one looks for those areas where price is trending and where it's "balancing" or seeking equilibrium. These areas or "zones" of balancing present potential levels of support and resistance. I've posted dozens of charts with support and resistance lines above and below these zones. All one has to do to make a box is plot vertical lines on either side of the zone. If one doesn't understand how or where to locate these zones of greatest trading activity or highest volume, he can plot volume at price. If that makes no sense either, he can try the MP software.
What one calls all of this is irrelevant. The objective is to locate those areas where the greatest trading activity has taken place. One can then draw lines above and below it, color it, draw a circle around it, draw a box around it. Doesn't matter. What matters is locating the zone. That's what I had been doing for three weeks in my Blog. As for today's numbers, those were derived from the chart I posted last Friday.
One can, of course, limit himself to "points" and "levels" without regard for where those points and levels lie. But if they don't work, the logical conclusion is that they don't represent support and resistance after all.
This is a chart I posted several weeks ago. The only difference is that I've enclosed the zones:
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