Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 8/4/2017Price had tested the pink median line to the down side multiple times, but now has moved to the upside. Price has now stopped and turned at the sliding parallel, and is trying to break resistance around the 2476 area. Look to see if price can get above the yellow median line, and try to test and break resistance.
SandP 500 E-Mini Futures 60 CME Updated 8/3/2017Price is following the new pink down fork nicely that we have drawn in the past few days with many touches on the upper median line. Look to see if price will continue lower past 2461 level or be able to break to the upside 2478 area. As look as price is following this look for fade opportunities, but we do need to break 2464 hard to have a real retracement.
SandP 500 E-Mini Futures 240 CME Updated 7/31/2017Price is starting to show a possibility of coming down as price is respecting this yellow downward fork. Look to see if we can break this fork to the upside. I have marked 2 places where price is showing sliding parallels that may be predicting movement to the downside.
SandP 500 E-Mini Futures D CME Updated 7/31/2017 Price has started to try again to pop up past resent minor resistance, but we are struggling to continue up from the sliding parallel. Look to see if price will break down back to the 2450 area or continue up from here. We have a channel that we need to break out of that has a slightly less bullish angle.
SandP 500 E-Mini Futures 60 CME Updated 7/27/2017Price has continue up higher to brea 2476, and has hit the sliding parallel as resistance twice. ook to see if price can continue higher past the sliding paralle and hold 2476 as support. Price needs to continue higher to stay in the trend up to the upper median line.
SandP 500 E-Mini Futures 60 CME Updated 7/26/2017Price is continuing its upward momentum and trying to push through 2476. Look to see if we can get through the upper most sliding parallel resistance and continue higher to the upper median line. Price is showing very good frequency on this angle of sliding parallel many times.