Actionreaction
SandP 500 E-Mini Futures D CME Updated 3/6/2017Price has started to come down from 2400 area. It has hit and retested the sliding parallel underneath so look to the possibility that it will retest again, and may hold as support. Ifp price drops below look for 2351 and 2300 eventually as support, but I am thinking price may rise and retest 2400 and try to break it.
SandP 500 E-Mini Futures 60 CME Updated 3/1/2017Price has gone vertical. I drew in a new fork to the upside. Look for price to pause at the upper median line, and show if it will break and continue to WL1.We had multilpe touches of support near 2356 and then 2365 to show that price was going higher.
SandP 500 E-Mini Futures 240 CME Updated 3/1/2017Price has hit support at the sliding parallel which had multiple touches to confirm as support. We have found more momentum on news and speech last night by President Trump. Look for price to hold the middle median line as support and go to the next as possibility.
TLT - This should open your eyes a litte moreJust look, study and begin to see.
If you know the rules about Action/Reaction, about the Forks, you have a better sense what potentially could happen when price reaches the centerline, or breaks out of the U-MLH and comes back ("overshoot" - "back to centerline" in pink).
Follow each bar, from left to right...slowly...think about what's going on bevor going to the next bar.
Feel how markets swing, up and down and up and down...breathe in, breath out...contraction, release.
As above so below
Drop me a message if you like it, have comments or want to learn more about the Forks.
P!