SandP 500 E-Mini Futures 240 CME Updated 9/12/2017Price has risen and broken 2480. I have removed the down fork and have added the larger up fork. Look for price to show you if it will continue higher from here, or break down at the resistance level of 2488. If we break down look for support at 2480 and the 2475 area.
Andrew's Pitchfork
SandP 500 E-Mini Futures 60 CME Updated 9/11/2017Price has broken the downward fork, but still hasn't made a new high yet, so I will still leave it in the downward fork. Price is now at 2474 area, and is turning. Look to see if price fills the gaps, or breaks higher and tries to break 2480 and 2488.
SandP 500 E-Mini Futures D CME Updated 9/11/2017Price has slowly come up to the 2480 level again, after hitting the 2450 area as support. Look to see if price will break the 2480 resistance level, or if it will stop here and break down again. Price has broken out of the large blue median line, and is following the path of the upward sliding parallel, so it appears that price should try to touch the upper line near 2500 if we break out of the 2480 area. If we break down 2400 would be an area to look at also for support.
SandP 500 E-Mini Futures 240 CME Updated 9/8/2017 Price has broken down, and gone back into the down ward sloping pink fork. Look to see if price can break 2450 and continue, and provide a retest of support as resistance. If not, we could see 2450 act as support again, and have new buyers try to come in and push price higher.
SandP 500 E-Mini Futures D CME Updated 9/8/2017Price is coming off of the resistance line near 2480. Look to see if price will continue further down to the lower parallel channel, and see if price could possibly break it, as it seems that the current bar is pointing prices lower. If we break down look at the 2400 level as possible support, as well as the lower parallel channel line.
SandP 500 E-Mini Futures 240 CME Updated 9/7/2017 Price has started to rice higher looking to try to break 2461 and 2480 resistance. Look to see if price can work its way higher, or if we will hold as resistance here and continue dropping. We are in a consolidation point here. Look to see if price wil break 2450 or 2480.
SandP 500 E-Mini Futures 60 CME Updated 9/5/2017Price is following nicely the upward blue median line. We have multiple tests also on this recent sliding parallel. Look to see if price breaks 2463 or tryis to test again the 2480 area. The multiple tests on this sliding parallel could point to a retest of 2480.
SandP 500 E-Mini Futures 60 CME Updated 8/31/2017Price has risen off of the test and retest of the bottom median line, and is now at prior resistance near 2465. we are following the path of the newly added blue median line nicely with tests, but no break as of yet on the middle median line. Look to see if the 2465 and the warning line 2 will hold as resistance, or if we break the middle median line and continue higher.
SandP 500 E-Mini Futures D CME Updated 8/31/2017Price has risen after hitting the sliding parallel on the action reaction set and has broken through the 2450 resistance area. look to see if price will drop back below from here, or continue to rise up to the 2480 area to try to test resistance up there. We are still in a sideways up move from the looks of it until we break hard the 2420 and 2400 levels to the downside. When we do that we could see moves lower especially if we break the 2400 area. To the upside following the channel, if we break 2480 look to the top of the sideways upward action reaction set to act as resistance.