Medianline
SandP 500 E-Mini Futures 60 CME Updated 4/18/2017Price has come up to the 2344 level exactly as discussed yesterday and is starting to drop again. On the higher 4h timeframe price is hitting the downward fork, but I have kept on the modified schiff here as it is showing better frequency. Look to see if price can break lower, but it looks like there may have been large buyers near 2317-2322.
SandP 500 E-Mini Futures 240 CME Updated 4/17/2017Price has started to com up after touching near prior support around 2320. Look to see if price continues lower from here, or is able to break the downfork and go higher. I am thinking that price should hit the median line, but as I said before, price has to break tho prior low to have more momentum to drop.
SandP 500 E-Mini Futures 60 CME Updated 4/13/2017Price has continue to drop to the low of 2333, as we have mentioned as a strong level on past posts. Price is now trying to stay above as support. Look to see if it breaks below and usinges the sliding parallel or the middle median line as resistance to keep going farther down.
SandP 500 E-Mini Futures 240 CME Updated 4/13/2017Price has come to drop below the blue up sloping fork that called the retest top near 2372. Look to see what price does at the Energy point, as I think it may be a big move. Right now the middle median line is at 2308, so see if we can accelerate and get a move lower. Price is respecting the original fork, but the lows are following the modified schiff on the 1h, which i don't usually see.
SandP 500 E-Mini Futures D CME Updated 4/12/2017Price is right at the sliding parallel line and about to break it to the downside. Look for 2318 and 2300 as first stops if this starts to turn over, which in my opinion it will. The frequency from the Action Reaction set is working quite well, so we may see a retest of the middle line eventually if we break down.
SandP 500 E-Mini Futures 60 CME Updated 4/11/2017Price has come up from bouncing at 2333 area as expected. I had thought that price may try to reach the upper median line parallel, but actually price stopped and dropped many times on the sliding parallel of the pink down fork. Also the middle blue median line acted as resistance, and price ran out of energy.