SandP 500 E-Mini Futures D CME Updated 12/29/2016Price has come down from the highs near 2273. Looking at 2245 area for a break will show a new fork possibility to reach to 2137 or lower. I would consider this a pullback in the direction of the trend if it does happen. look for 2245 and 2273 to tell you what it wil do.
Medianlines
SandP 500 E-Mini Futures 60 CME Updated 12/28/2016Price has come up to test the 2268-2273 area and dropped hard. Look for 2247-50 to see if price will hold, but price looks like it is accelerating. Next level on this chart would be 2233 then 2212 as potential support areas. The two opposing forks had shown tho price was starting to run out of energy. Price did not make it to the median line on the blue up fork, and price had repeatedly used the warning lines on the pink down fork as resistance.
SandP 500 E-Mini Futures 240 CME Updated 12/22/2016Price has come down from 2273 and 2267 areas, and should test 2245 area as support before showing if it will continue up or drop lower to 2211. If price continues to drop we could see 2140 area eventually, but price would have to show more weakness. I think we could bounce from 2245 and if not 2211.