SandP 500 EMini Futures 60 CME Updated 11/29/2016Price has dropped out of upward AR set, and is holding near 2112 the recent high. Look for price to break out of this consolidation shortly and show you where it wants to go. If it goes down look for 2180 and 2150 as first levels for potential support.
Medianlines
SandP 500 E-Mini futures D CME Updated 11/28/2016Price is still in new highs, looking for a retest of the 2181 area then possible the lower median line parallel, if price breaks down at all we could see a test of 2110 again, but if price continues to remain bullish it may go to next median line. My 4h chart frequency is saying that it may go down.
SandP 500 E-Mini Futures D CME Updated 11/28/2016Price has come up, broke resistace at 2191.50 area, and is stalling. Look for a retest of 2191 area to show what price will do. It may come back down to upper blue median line, then give a clue if it will continue to rise, or break the lower blue median line.
SandP 500 E-Mini Futures D CME Updated 11/18/2016Today I have been looking for the hidden frequency of the market to the upside, which may give us some clues as to what price will do in the coming week. As mentioned all this week, we are at a resistance point and it will be interesting to see what price does from here.
SandP 500 E-Mini Futures 60 CME Updated 11/17/2016Price is still rising in upward action reaction set. We are near resistance at the larger time frames, so if price rises or drops suddenly do not be surprised. I think a break below the upper trend line will show a short possibility, but also look to see if price hold as support here. I am more interested in a possible fade at this point but price must break lower.