SandP 500 E-Mini Futures 240 CME Updated 9/7/2017 Price has started to rice higher looking to try to break 2461 and 2480 resistance. Look to see if price can work its way higher, or if we will hold as resistance here and continue dropping. We are in a consolidation point here. Look to see if price wil break 2450 or 2480.
Medianline
SandP 500 E-Mini Futures D CME Updated 9/6/2017Price is now fallen again off of resistance around 2480, and has landed at 2450. Look to see if price can hold here and try to break again. If not, we should eventually either retest the blue median line again on the back, or break down lower under 2450 to go to 2400 again.
SandP 500 E-Mini Futures D CME Updated 9/1/2017Price has risen after hitting the sliding action reaction set parallel and is now at prior resistance near 2480. Look to see what price does here. It has come up and done a retest or a switch back of the broken lower blue median line. Price often does this with median line breaks, so see if price stay below the lower blue median line.
SandP 500 E-Mini Futures 60 CME Updated 8/31/2017Price has risen off of the test and retest of the bottom median line, and is now at prior resistance near 2465. we are following the path of the newly added blue median line nicely with tests, but no break as of yet on the middle median line. Look to see if the 2465 and the warning line 2 will hold as resistance, or if we break the middle median line and continue higher.
SandP 500 E-Mini Futures 240 CME Updated 8/30/2017We are looking at 2450 as resistance here. If price breaks to the upside, look for 2461 and the upper median line parallel as possible resistance points. On this time frame it looks like price could pull back a little maybe to near the 2440 area to show as possible support again.
SandP 500 E-Mini Futures 60 CME Updated 8/30/2017Price bounced off the lower median line nicely,filled the gap, and stalled at prior resistance near 2454. It looks like there is some new strength in the market on this time frame. We should see a drop to at least 2439-2444, then show some support somewhere in there.
SandP 500 E-Mini Futures 60 CME Updated 8/29/2017Price has broke down from the 2454 and also the 2449 level around the psych level of 2450. We have also touched the lower median line again which has shown great frequency in the past. Look for price to pull back a bit here before possibly filling the gap near 2439.75.
SandP 500 E-Mini Futures 240 CME Updated 8/25/2017 Price has reversed at 2440, and is now hitting the sliding parallel. Look for price to show if it can drop again from here, as this is a potential resistance area. Look to see if we break through, or break down from here. If we break to the upside look for 2463.
SandP 500 E-Mini Futures 240 CME Updated 8/24/2017Price has dropped down from 2450, and is now resting on possible support near 2440. I have drawn in the channel that we are in within the fork, so look to see if price will continue down possible for another move. 2440 is possible heavy support, so if we break down below 2440 and 2416 look for a possible break and retest of the middle median line.
SandP 500 E-Mini Futures D CME Updated 8/24/2017 Price retested the 2450 area again to the and is going down. I added a hidden sliding parallel that is showing good frequency with the same frequency as the sideways channel we are in. See if we can break below the next support level and continue to the 2400 area.
SandP 500 E-Mini Futures 60 CME Updated 8/24/2017Price has bounced off of resistance near 2448, and is now down to test the middle median line again. Look to see if price can hold as support here and go a bit higher. We tested near the 2432 area as predicted that we had mentioned before. I have drawn in a possible sliding parallel line here, as it may act as support.
SandP 500 E-Mini Futures 60 CME Updated 8/23/2017Price is moving along the fork nicely still. We had a retest of the upper median line, and now price has bounced off of the middle median line. Look for price to drop maybe again to the 2432 level. If we make a new high, we could see a new upward fork possible.