SandP 500 E-Mini Futures D CME Updated 3/28/2017Price has come up again to the sliding parallel, and is drapping. We are at minor resistance here, so I would like to see some lows taken at 2320 if we are going to continue lower.
Actionreaction
SandP 500 E-Mini Futures D CME Updated 3/28/2017Price has come down to the sliding parallel. Look to see if price will reverse here which is possible or continue lower to the 2300 area and the lower median line parallel.
SandP 500 E-Mini Futures 60 CME Updated 3/27/2017Price has reversed again at the bottom sliding parallel line. I am looking at possible resistance points on 2337 and higher as marked. We do have 3 drives to the bottom possibly and a double bottom here at 2317 so we need to be sure we make more lows to gt to the bottom of the pink median line.
CL - Crude ready for a bounce to the north.Centerline is reached the second time.
Chances are, price will shoot up to the U-MLH.
How fast, no one can say, but since Action/Reaction is my philosophy, I count on momo.
P!
SandP 500 E-Mini Futures 240 CME Updated 3/27/2017Price has come down as predicted after hitting the upper sliding parallel. Price recently hit minor support near 2320 and we are at the middle median line parallel. Look for price to continue dropping perhaps to 2300 if we hold resistance here. 2338 May also be hit and tested as resistance as well.
SandP 500 E-Mini Futures D CME Updated 3/27/2017Price has continued to drop and is now at the sliding parallel, the first minor resistance point on the downward move. We may get a bounce here, or we may continue down to 2300 and the lower blue median line parallel.
SandP 500 E-mini Futures D CME Updated 3/24/2017Price is dropping from the psych level of 2400 and also has broken the minor support at 2351, and retested as resistance. Look to see if price bounces at all at the next sliding parallel and lower blue median line. If we break through these, you could see a possible support at 2300, and 2275. I drew in again the action reaction set down, as a possible stopping point eventually as well if we continue down.
SndP 500 E-Mini Futures 240 CME Updated 3/24/2017Price has come up and hit the sliding parallel dropped, retested, then dropped again. Look to see price continue to fall within this median line set, with a strong possibility to continue to the 2313 area, then to the 2300 if that breaks as well. This would complete an abcd pattern from the steep drop on 3/21/2017 that the fork had predicted as well. I added the blue pitchfork median line warning lines out to 4 to show that each time price will break down through them, then come up and retest them as resistance usually near another resistance point. Something that I found to be very interesting.
SandP 500 E-Mini Futures 60 CME Updated 3/24/2017Price has come up to the sliding parallel marked yesterday and also near resistance around 2357 area and dropped. We had a test of the line, broke down to near the 2336 minor support and middle median line, then a retest and further drop near 2351, so it appears that we make continue lower. Look to see if we can break the recent low of 2333 area. If so we should continue to make at least an abcd pattern to the downside which could be around 2310 as a symmetrical low.
SandP 500 E-Mini Futures 60 CME Updated 3/23/2017Price has come up off of touching the sliding paralell that started from March 3-8 Look to see if price touches the next sliding parallel up and holds or if it will continue to 2357 or upper median line parallel. I think we should get at least a small bounce down off of the sliding parallel soon.
SandP 500 E-Mini Futures 240 CME Updated 3/23/2017Price has come down and has tested the lower sliding parallel which has had frequency since the start of the drop. We also had a small bounce on the retest of 2350 area as resistance as predicted yesterday. It looks like price is trying to go up to at least 2355 and maybe the upper median line parallel before dropping again.
SandP 500 E-Mini Futures D CME Updated 3/23/2017Price has come down from 2400 area, and has now dipped below 2350 area. Look to see if price holds that as resistance and continue down to the next sliding parallel and then to 2300 or the lower blue median line.
SandP 500 E-Mini Futures 60 CME Updated 3/22/2017Price has come down off of the fork upper pink median line at also the resistance area near 2375. Price is now below the middle median line and is trying to hold. If price holds here, we may go farther down to the lower median line. If price rises a bit look for 2350 and 2355 area for possible resistance.
SandP 500 E-Mini Futures 240 CME Updated 3/22/2017Price has dropped and had a minor bounce at the lower sliding parallel as mentioned yesterday in a previous post. Look for possible continuation down to lower median line as marked if middle median line continues to act as resistance.
SandP 500 E-Mini Futures D CME Updated 3/22/2017Price has started to drop more from 2400 level and broke 2350 area. Look to see if price can stop around here near the sliding parallel, but it looks like we may continue to at least the 2300 level eventually. I drew in a possible eventual target line at the 50% of the 2 sloped top lines.
SandP 500 E-Mini Futures 240 CME Updated 3/21/2017Price has dropped on the retest of the downward pink Andrews Pitchfork. Look for price to retrace a small amount before continuing possible to lower pink median line. The sliding parallel near the blue arrow may also provide some minor support.
SandP 500 E-mini Futures D CME Updated 3/21/2017Price has given a noticeable down day today breaking through the sliding parallel and also minor support at 2354 area. Look to see if price continue to drop to near the 2300 area or the sliding parallel retest. I have marked the areas that price could reverse.
SandP 500 E-Mini Futures 60 CME Updated 3/21/2017Price went up to 2375 area that was marked yesterday and also the point upper pink median line parallel and dropped. Look now to see if price will continue its fall after going through the middle pink median line and continuing by doing a zoom and retest and continuation to the lower pink median line.
SandP 500 E-Mini Futures 60 CME Updated 3/20/2017Price has dropped after hitting minor support at 2375 and also near the upper pink median line. Next major support on the 60 minute chart would be the 2357 area and also the 2350 area. Look to see if price will continue downward, or hold here.
SandP 500 E-Mini Futures 240 CME Updated 3/20/2017Price has come down from hitting minor resistance near 2383. We have made a couple of touches on the upper median line of the pink fork. Price should continue lower to the middle median line of the pink fork, but see if price hold at minor support here and at the 2354 area.
SandP 500 E-Mini Futures D CME 3/20/2017Price ha started to come down after bouncing on the sliding parallel. Look to see price to drop to 2350 area possibly and let you know if it will continue to drop or hold there as support
SandP 500 E-Mini Futures 60 CME Updated 3/17/2017Price has broken the lower blue median line and also sliding parallel. Price has now retested the uper pink median line and is dropping. Look to see if price breaks through 2376 then you may see another chance to look for new lows after a retest of the pink median line again.
SandP 500 E-Mini Futures 240 CME Updated 3/17/2017Price has had a hard time to break 2383, after hitting minor support near 2355 area. I have drawn in the downward fork, just in case price continues to drop today to try to retest 2355 again before rising.
