SandP 500 E-Mini Futures D CME Updated 5/10/2017Price has come down from 2400 and it looks like it may try to test again 2400 and higher. Look to see if the minor support around the 2390 area holds.
Medianlines
SandP 500 E-Mini Futures 60 CME Updated 5/9/2017 I have drawn in the upward yellow gap pitchfork to see if price can break it and fall out of this upward frequency, or if it may continue. Look for a break and retest to the down side if possible, and then I may draw in a new downward fork on the retracement. Look to see if price will come down to test the bottom dashed pink line, or even lower of 2375-2366.
SandP 500 E-Mini Futures 240 CME Updated 5/9/2017Price has stalled at 2400, and is starting to come down. We have hit a minor sliding parallel, and we will see if price can try to come back up to 2400 to test again. Loo to see if 2388 will be tested and broken as well. Price needs to make up its mind in this area.
SandP 500 E-Mini Futures D CME Updated 5/9/2017Price is stalling at resistance here at 2400. Look to see if price will drop lower from here to possibly the sliding parallel level or the 2368 level or lower.
SandP 500 E-Mini Futures 60 CME Updated 5/8/2017Price has made a new higher highon this timeframe near 2404. We are now retesting 2389 area as support and holding, so it appears that we may continue higher, however, look at the red trendline and notcie how we cannot break it. There is a hidden frequency here that is creating a slowing down of the force of the upward move. To continue, we must break the upper pink line and hold as support to go to next level.
SandP 500 E-Mini Futures 240 CME Updated 5/8/2017 Price has come up to the 2400 area after testing 2376 area and holding. Look to see if price can break and retest as support the 2400 area, or if we will retrace from here.
SandP 500 E-Mini Futures D CME Updated 5/8/2017Price has come up to test 2400 area again which is now a psychological level and major resistance point. Look to see if price can break and retest, or if we will fall from here.
SandP 500 E-Mini Futures 60 CME Updated 5/5/2017Price is stalling here near 2389-2377. We are in a range, and price is not sure which way to go. I am thinking price could potentially pull back and fill the gap of last week, but we would have to break down from here and also break the 2375 area.
SandP 500 E-Mini Futures D CME Updated 5/5/2017Price is still stalling near resistance at 2391 area. Look to see if price can break to the upside later today or early next week. We could also see a drop lower to fill last weeks gap as well to the 2352 area. The lower timeframes are showing a possible retrace bias.
SandP 500 E-Mini Futures 60 CME Updated 5/4/2017Price has come to test 2389 on some strong move up from the support at 2375. If we can break 2375 hard here could see a drop farther down, but at the moment price is in a range and not sure what to do. My bias is still to the downside, as we have not broken 2394 , and are not able to break 2389 as well.
SandP 500 E-Mini Futures 240 CME Updated 5/4/2017Price has come to hit the 2388 area agin and drop. This is not good news for the bulls. Lets see if it gets some momentum to the downside and can break 2375.
SandP 500 E-Mini Futures D CME Updated 5/4/2017Price has come again up to the resistance area near 2389. Look to see if price will drop here or go higher and try to hit the 2400 area. The resistance is showing strength, but price will tell.
SandP 500 E-Mini Futures 60 CME Updated 5/3/2017Price has come down off of the pink downward median line, and is now resting on a minor support sliding parallel. We could see some small bounce here or a bit lower near 2375 and 2367. Those will be a bit stronger areas to look to see if price can continue lower and fill the gap. My bias on this time frame is to the downside until the previous high at 2394 is toking out strongly.
SandP 500 E-Mini Futures 240 CME Updated 5/3/2017Price has started to drift lower after retesting the fork. I drew the larger fork on this time frame to emphasize the touching on the meddle median line. Look to see if price can break 2376 area. If so, we could have a much greater chance of dropping to 2350 area and lower.
SandP 500 E-Mini Futures D CME Updated 5/3/2017Price has started to slowly come down after hitting this band of resistance near 2389-2400. Look to see if price can come farther down to the next sliding parallel or a bit lower to fill the gap made last week.
SandP 500 E-Mini Futures 60 CME Updated 5/2/2017
Price has shown that 2389 area is a strong resistance area at the moment. We are again at the upper sliding parallel, so we have to see if in fack price will hold here or start to drift lower. We have had 2 retests on the upper parallel of the downward pink median line, so we are showing that price has fruequency as well as price did show fruequency prior an the sliding parallel that is marked. Price may be starting to turn down and go lower.
SandP 500 E-Mini Futures 240 CME Updated 5/2/2017Price is starting to try to turn down on the uper pink median line. Look to see if price can break below the 2376 area as well as the sliding parallel that we are resting on to give a greater confirmation of a drop to the downside.
SandP 500 E-Mini Futures D CME Updated 5/2/2017Price is here stalling at the 2390 area. Look to see if price will roll over and fill the gap from last week. If price is able to get back beneath the action reaction set and show frequency, we may be looking at a larger retrace., but currently we are above it, so still in the trend of the upward blue fork.
SandP 500 E-Mini Futrues 60 CME Updated 5/1/2017Price is starting to show a frequency to the downside on this time frame. Look to see if price holds here or a bit above 2389 and starts to fall, or if price will hold on the sliding parallel. To me it seems on this time frame and this chart, that price should retrace soon, but lets see in the next couple days. The psychology of the market says that price should fill the gap, so I marked a possible move if that were to happen.
SandP 500 E-Mini Futures 240, CME Updated 5/1/2017Price has dropped below the median line, but has been holding on the sliding parallel. Look to see if price will hold here and drop, or if we can go higher. Currently trend on this time frame is still up.
SandP 500 E-Mini Futures D CME Updated 5/1/2017Price is hitting resistance again near 2389. Look to see if price will turn from here or break 2400 and retest to go higher. Lower time frames are also consolidating across this area.
SandP 500 E-Mini Futures 60 CME Updated 4/28/2017Price has come down to prior mild support near 2379 area, and is now hitting the sliding parallel support as well. Look to see if price will rise a bit then come down to fill the gap. Price is looking drowsy after its big move up, so I would not be surprised to see this happen.
SandP 500 E-Mini Futures D CME Updated 4/28/2017Price has gone int the zone near 2390-2400 and is finding resistance. Look to see if price will drop from here lower matothe sliding parallel and fil the gap on the back side of the upper action reaction set line.
