SandP 500 E-Mini Futures 60 CME Updated 9/22/2017Price has come down out of the fork, and is now resting on around the 2496 area as support as mentioned yesterday. Look to see if price will continue down lower to 2487 and warning line 1.
Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 9/21/2017Price has come down to 2496 and found some support and is now testing the back of the blue median line as resistance. Look to see if price will continue down to 2487 and lower, or break 2506 and test as support and move higher.
SandP 500 E-Mini Futures D CME Updated 9/21/2017Price has stayed at the top of the channel and the lower blue median line break and retest for some time now. We should see a break down or break out shortly, with the bias on it going to 2480 first, as the blue median line is acting as resistance at the moment.
SandP 500 E-Mini Futures 240 CME Updated 9/21/2017Price has come up past 2500, and has come back down to touch 2495 and hold as support. Look to see if price can hold here and continue upwards past 2505 and re test as support. if not, we are going to come down to 2487 and maybe 2480 again for another test.
SandP 500 E-Mini Futures 240 CME Updated 9/20/2017Price has come up past 2500 to stal at 2505. Look to see if price drifts back down to the sliding parallel or the next support area near 2495-2500 to show that it will continue. If price rises from here, look for the next sliding parallel and the upper blue median line as resistance.
SandP 500 E-Mini Futures D CME Updated 9/20/2017Price hs come to the top of the action reaction set. Look to see if price holds here at resistance and comes down to the 2486 area and lower. we are following the blue median line parallel and have not broke through and retested as support, which is a bearish sign.
SandP 500 E-Mini Futures 60 CME Updated 9/20/2017Price has stalled at the 2505 area. Look to see if price can break this level and continue upwards. Price could come down lower to 2500 area and the lower median line again if we don't see a follow through. Look for a break higher and retest of 2505 if we can get momentum.
SandP 500 E-Mini Futures 60 CME Updated 9/19/2017I have drawn in the modified schiff fork on this time frame, and have noticed the sliding parallel showing frequency that we are on right now. If we go down look for 2495 and 2488 as support. To the upside we can look at the blue median line, and the upper blue median line parallel.
SandP 500 E-Mini Futures D CME Updated 9/19/2017Price has moved higher, but is still following along the blue median line. Price will probably continue a bit, then break out aggressively either way. The line is acting like a magnet now as it follows along, which happens about 15% of the time near median lines. Notice that we are at the top of the yellow action reaction set as well, so this could also be a confluence of resistance points.
SandP 500 E-Mini Futures 240 CME Updated 9/19/2017Price is at 2505, and has pushed a bit higher after touching 2500. Look to see if price will continue upward to the next sliding parallel, before continue to the upper blue median line parallel. Price is hesitating a bit and looks a bit extended, so we would need a heavy push to get moving upwards.
SandP 500 E-Mini Futures 240 CME Updated 9/18/2017Price has lifted higher to 2505, and is now drifting down a bit. Look to see if 2500 or 2495 holds as support. We have had the test at 2487 with the confluence of minor support. Look also for the upper sliding parallel and upper blue median line as resistance.
SandP 500 E-Mini Futures D CME Updated 9/18/2017Price has risen and is currntly moving along the retest of the lower blue median line parallel, and is close to the upper action rection set line. Look to see what price does between now at 2502 and 2510-15 to see if price will continue up or start to drift down. I do think we should see price drift down eventually to 2450 and 2400 again.
SandP 500 E-Mini Futures 60 CME Updated 9/18/2017Price has broken through to the upside and is currently at 2505. We are following along a sliding parallel resistance line, so look to see if price come back down to 2495 or 2500 for resistance before showing if it will continue higher.
SandP 500 E-Mini Futures 60 CME Updated 9/15/2017 Price is slowly losing momentum now, look to see if we can get a move down to 2480 before having another move up to try to break 2495 and the 2500 psych level.
SandP 500 E-Mini Futures D CME Updated 9/15/2017Price has still stalled at the back test retest of the blue median line. This is showing that price should remain below this area and try to drift down.
SandP 500 E-Mini Futures 240 CME Updated 9/15/2017Price has come down to retest the blue middle median line. Look to see if price will continue upwards from here and break the 2495 area, or continue down and touch the 2480 as support. Price looks a bit extended at this point, so I would be more cautious of any new long positions, and I would encourage to look at structure formation especially as support.
SandP 500 E-Mini Futures D CME Updated 9/14/2017 Price is still at the retest of the break of the lower blue median line parallel. Look to see if price will come back down to 2480 and hold as support, or go up to hit the upper action reaction set line.
SandP 500 E-Mini Futures 60 CME Updated 9/14/2017Price has started to drift down after retesting 2495 as resistance which is near the 2500 psych level also. Look to see if we continue to drip down to touch the middle median line or if we hold on the sliding parallel that I have added in as support.
SandP 500 E-Mini Futures 60 CME Updated 9/13/2017Price is pushing forward in the median line after hitting sliding parallel resistance near 2495. Look to see if price comes down and holds the middle median line as support.
SandP 500 E-Mini Futures D CME Updated 9/13/2017Price has continued to rise but is having trouble breaking the retest of the back of the lower median line. Look to see if price can continue higher from here, or if we go back to retest 2480 which I think we should do today.
SandP 500 E-Mini Futures 240 CME Updated 9/13/2017 Price has broken to the upside out of 2488 resistance. Look to see if price retests 2488 and goes higher, or if we will see a breakdown here to go down to 2480 and hold as support
SandP 500 E-Mini Futures D CME Updated 9/12/2017 Price has risen to the upper resistance level and the back of the median line. Look to see if price will come down a bit today as we are at the back of the median line which can act as resistance and the resistance line confluence.
SandP 500 E-Mini Futures 60 CME Updated 9/12/2017 Price broke resistance higher to be near the high resistance point of 2488. Look to see if price pulls back a bit from here to the median line, then see if it acts as support.
