SandP 500 E-Mini Futures D CME Updated 6/30/2017Price has dropped down to the 2400 area, and is now coming back up and retesting the lower yellow median line. Look to see if price can hold here and rise again, or if we are going to consolidate and fall out of the fork. We must break 2450 to continue.
Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 6/30/2017Price hit the upper median line and dropped almost to the lower median line, but stopped at the 2402 level. These are all areas that we had mentioned in prior charts as possible resistance and support. Now we are coming back up to minor resistance around 2427. Because of the volatility, we may go a bit higher than this before holding as resistance, but this sell off yesterday may continue to push price lower eventually.
SandP 500 E-Mini Futures 60 CME Updated 6/29/2017Price has comeback up from the support area near 2417, as mentioned the past few days as possible support, and is now again at resistance at the top of the yellow Andrews Pitchfork. Look to see if price will continue to show resistance here, or if we can see a break of the fork to the upside with a possible retest of the upper median line to the upside. At this point, these are the two scenarios I see.
SandP 500 E-Mini Futures D CME Updated 6/29/2017Price has bounced off of the lower yellow median line and is rising higher. Look to see if price will continue following through to the upside past resistance here around the 2440-2450 area. We must continue higher, or we will consolidate here and fall out of the fork eventually.
SandP 500 E-Mini Futures 60 CME Updated 6/28/2017As mentioned yesterday, I had said that we could see a retest of the 2417 areas as a possibility. Price is now bouncing off of the 2417 area and is at possible resistance here at the median line. I think price may drop here or continue up a little bit more to 2428 before possibly falling again.
ES - S&P E-Mini finally go south.The white fork is the major one.
Price flows according to it's path.
The blue fork is to watch for potential support/resistance within another dimensional (more sideways) flow.
However - I see price coming down to at least the L-MLH of the white fork.
May the forks with you §8-)
P!
SandP 500 E-Mini Futures 240 CME Updated 6/26/2017I drew in an alternative view today of the up fork that is showing good frequency today. Price has had multiple touches on the sliding parallels of this pitchfork modified schiff median line. I am still considering also the regular median line in dashed yellow, as a potential break and retest of WL1 to continue higher.
SandP 500 E-Mini Futures 60 CME Updated 6/21/2017Price has come down a bit from hitting near the median line around 2451 area. look to see if price wil bounce up fro here on the double test of the lower median line as marked. If not. we could passible see a new trend down as marked with the yellow fork, as price is showing a bit of weakness now.