Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 10/13/2017Price is trying again to break 2550 hard and continue upwards. We have had multiple touches here on a sliding parallel, so if we hold as support price should continue to break through and break higher. Look to a sliding parallel of the recent high to act as resistance.
SandP 500 E-Mini Futures 60 CME Updated 10/12/2017Price hit the 2550 level again and is dropping, we are currently again near a loose retest of warning line 1. Look to see if price will hold here, or continue to drift back down towards 2452. Price is slowly building up momentum to try to break 2550, but every time we do, there is a push down.
SandP 500 E-Mini Futures 240 CME Updated 10/10/2017Price has come up to the top of the median line, and also the top of the action reaction set. Look to see if price will hold here at 2537 and try again to rise up to hit the upper median line, or if we could fall down to test the next sliding parallel as support.