Medianlines
SandP 500 E-Mini Futures 240 CME Updated 12/15/2016Price fell to 2245 area and is bouncing, still on an upward climb. The loose double tops has me a bit worried, but i think we may see another move higher. Look to see if we can break 2273, if not look for 2211 on the down side and maybe minor support at 2232 area.
SandP 500 E-Mini Futures 60 CME Updated 12/15/2016Price came down and touched support at 2245. Look at 2265 which is holding as minor resistance today. Price is in consolidation, digesting the recent interest rate rise to .75%. Look for price to show you, but right now is in a loose range between 2272, and 2245. We do have buying today in the fork marked
SandP 500 E-Mini Futures 60 CME Updated 12/13/2016Price continues to follow the blue fork up, and also to make higher highs. I have marked the most recent area where one could find support on the median line warning line. Price should not be able to extend much past the red line as resistance, as this is the maximum excursion line.
SandP 500 E-Mini Futures 60 CME Updated 12/12/2016Price has continued to rise up hitting 2265 area, and is continuing to hold on the median line. I have updated the median line to be an inside median line using the 2 points as a center line that are marked. If price comes down from here, look for 2225 area as support.