Medianlines
SandP 500 E-Mini D CME Updated 11/9/2016Markets have had erratic behavior today and last night as news that the voters have elected Donald Trump as their president. Price fell about 125 points to around 2028 which was also prior hidden support, before rallying back up to today's high near 2160 and previous resistance from September and October. Look for price to halt here or if prices move up a potential run back up to 2191 in the next few days, but be wary of entering any positions for several days.
SandP 500 E-Mini Futures D CME Updated 11/8/2016Price is rising up to the energy point which is circled in yellow. This is an area where to lines or forks meet that can give a big move and act as point of support or resistance. Depending on Election Results we should get a very strong move in the next day.
SandP 500 E-Mini Futures 60 CME Updated 11/7/2016Price has gapped higher and is now following the middle median line frequency nicely. Look for price to continue its upward momentum to 2125 2144 and 2149 areas before retracement. A new low was made as well around 2079 which was a number we were looking at on the previous charts and the last swing and major fork which I have added in yellow.
SandP 500 E-Mini Futures 240 CME Updated 11/7/2016Price has gapped up above the median line, so if price holds look for it to go up to 2125 area to show what it will do. Price has also completed a measured move of AB=CD so this retracement was predictable, and was predicted on my charts last week on the 240. Look for price to break below the middle pink median line at around 2100 later this week for continued downside momentum if possible.
SandP 500 E-Mini Futures D CME Updated 11/7/2016Price has gapped up and is at resistance which I had mentioned before around 2112. Look for price to stall here and go maybe as far up as 2125 area, but it looks like we are gaining momentum to the downside. Look for 2025 area as next point of possible support then 1981. If price does somehow go up to the upper pink median line, I would be looking for it to drop from there.
SandP 500 E-Mini Futures 60 CME Updated 11/4/2016Price has come down and hit the expected target near 2079. Look for price to rise a bit and find resistance near 2101 if we are going to continue to have a downtrend on this time frame. Look also at the 2108-2112 area which was strong support on the higher timeframes as well.
SandP 500 E-Mini Futures 240 CME Updated 11/4/2016Price has come down and completed a 1 to 1 measured move at around 2080. Look for price to rise a bit then hit resistance near 2100-2112 and continue lower. Price may possibly stall at the middle median line at 2101 area and continue lower to 2061 and lower.
SandP 500 E-Mini Futures 240 CME Updated 11/2/2016Price has dropped and come don breaking support at 2108 and 2100. Price has retested the broken support as resistance, which also lines up with the middle pink median line. Look for continued drop to 2064 or lower at the bottom lower median line parallel, with a possible retrace up to 2108 before dropping.
SandP 500 E-Mini Futures 240 CME Updated 11/1/2016Price has continued lower, we are now at the median line around 2105. This is an area where price may continue, or show a reversal, so pay attention if 2105, and 2100 can break and give a retest of the middle median line and the support as new resistance. Price looks like it is in a sharp down move, so look at further downside as a strong possibility.
SandP 500 E-Mini Futures D CME Updated 11/1/2016Price has come down exactly as predicted to hit the support level of 2110. This is a crucial decision point area, as it will tell us if price will start to move faster in momentum, break and retest 22110 area as resistance to go lower with more accelerated to 1980 then 1850-1890 area at the middle median line. I think price may pause here personally before taking a drop further down next stop will be minor support at 2025 if this is broken.
SandP 500 E-Mini Futures 60 CME Updated 10/31/2016Price hit the upper median line and dropped showing good frequency at 2143.50 area, then proceeded to show good touches on the middle median. We are at a decision point now if price is going to make new lows or range. If price is to make new lows, we need to break 2117 and 2107 as well as the middle median line near 2112.