SandP 500 E-Mini Futures 60 CME Updated 5/31/2017Price hit 2417 area again and dropped. It appears like we may see a bit of a retrace now. Look to see if we get more momentum, and frequency on the fork to the downside.
Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 5/30/2017 Price has started to come out of the frequency of the upward blue fork. Look to see if price will follow the pink fork down, as I have modified the A point to see if we start to break down price could move lower.
SandP 500 E-Mini Futures 240 CME Updated 5/30/2017Price has extended out to the same frequency of the blue fork to find resistance near the 2417 area. Look to see if price comes down to 2401-2405 area to find support.
SandP 500 E-Mini Futures D CME Updated 5/30/2017Price has come above the 2400 area and is come bock down to retest. Another possible place for support will be here, before continuing to go up.
Gold Weekly UptrendHello people,
The weekly chart on gold 0.01% is bullish in my analysis, with a short correction towards the blue medianline in sight where buyers will be waiting.
Thanks for stopping by and goodluck
EURJPY Monthly bullishHello,
The monthly chart of this pair was quite straightforward to analyse, for me there is no reason to doubt any long term uptrend(years).
Goodluck trading !
Eurjpy longHello folks,
Most people are seemingly bearish on this pair and I don't blame them, even my own analysis did show some mixed feelings
but the bias for bull is stronger. Its a medium probability trade with very good risk-rewards potential so I took the trade.
Target is price structure + blue medianline.
Cheers & goodluck
SandP 500 E-Mini Futures 60 CME Updated 5/26/2017 Price is continue to follow the frequency on the lower blue median line. Look to see if it drops back down to the 2404 area before going higher. I do think price may be a bit extended at this point. It has gone up around 75 points since the bottom near 2344. I added the pink median line as a possibility, We would have to break 2404 and lower to see any trade possibility with this fork.
SandP 500 E-Mini Futures 240 CME Updated 5/26/2017I have added an old fork that has captured price nicely to show the recent drop in price. I am looking to see if price comes down to touch and continue we could go to WL1 of the blue fork or at minimum around 2440. Watch price action as it comes down.
SandP 500 E-Mini Futures D CME Updated 5/26/2017Price has come up past 2400. I am looking for a retest of 2400, and then we will see if price can act as support to go higher.
SandP 500 E-Mini Futures 60 CME Updated 5/25/2017A hidden frequency was found, which led me to draw the new pitchfork pointing upward. If you see, price had stopped exactly on the WL3, ond now is following this path of price upward. Look to see what price does when it hits the next median line.
SandP 500 E-Mini Futures 240 CME Updated 5/25/2017Price has broken higher, gone through 2400 and now is at the blue middle median line. Look to see if price can continue up to the upper median line.
SandP 500 E-Mini Futures D CME Updated 5/25/2017Price has broken resistance near 2400, so it should retest the 2400 area as support and continue higher to the next sliding parallel line at minimum.
SandP 500 E-Mini Futures 240 CME Updated 5/24/2017 Price is at the upper sliding parallel above the pink median line. Look to see if price will drop or resume from here. I have adjusting the downward pink fork in respect to current price action.
SandP 500 E-Mini Futures D CME Updated 5/24/2017Price has come back up to test again the 2400 area. Look to see if price will fall back again under the 2400 area. We may see a big move today and tomorrow after news.
SandP 500 E-Mini Futures 60 CME Updated 5/24/2017 Price is starting to stall at the upper median line area and the 2403 area as mentioned yesterday. Look to see if price can dip below 2394.50 area. If it can, then look for a test of the upper gold median line before showing you what it is going to do.
SandP 500 E-Mini Futures 60 CME Updated 5/23/2017 The V formation has changed this time frame. I am waiting to see when a new major high is made so I can draw a new down fork, but I am looking at the upper pink median line as possible resistance.
SandP 500 E-Mini Futures 240 CME Updated 5/23/2017Price has come up from filing the gap around 2350 area. Look to see if price holds in this area on the downward sloping sliding parallel and the 2400 area resistance. I have also added the yellow median line to show possible resistance soon in this area, as confirmation.
SandP 500 E-Mini Futures D CME Updated 5/23/2017Price has bounced quickly from the lower median line up to the 2400 area agai to try to retest the resistance here. Look to see what price does at this point, if it will continue on this median line or if it will hold resistance at 2400 area.
SandP 500 E-Mini Futures 60 CME Updated 5/22/2017Price is at the 2389 level, and is trying to push through. We may see price go a bit higher to 2395 to show some resistance. Lets see what price does in this zone between 2389 and 2395
SandP 500 E-Mini Futures D CME Updated 5/22/2017Price has bounced from the lower median line and is now retesting the back of the sliding up sloping parallel. Look to see if price can come back down from here. If it does, I am looking at 2320 area as possible support.
SandP 500 E-Mini Futures 240 CME Updated 5/19/2017Price has come down from the top around 2401, and has almost hit the symmetrical point on the sliding paralell on the median line as marked by an arrow. This is good enough to say that price has completed the fork, but look to see if price continues to follow the downward path.
SandP 500 E-Mini Futures D CME Updated 5/19/2017 Price has come down to touch the blue median line as predicted and is trying to rise again, but I don't see that happening in the short term. We have a huge reversal candle that has formed at 2401, so it will take some time I think to build up more momentum to break higher than the upper most sliding parallel.
