EURJPY: Nice Sell OpportunityPrice has broken below the lower parallel of the median line, it has pulled back to test the level where it seems we have a rejection. Going short with sl and tp as shown in the chart is a nice idea.
Medianlines
SandP 500 E-Mini Futures D CME Updated 8/14/2017Price has broken the large blue up fork, and we are now retesting the break. Look to see if price can hold here at resistance, and continue further down. I am thinking because of the large down bar last week that we do have a chance to break down farther to 2400.
SandP 500 E-Mini Futures 60 CME Updated 8/14/2017Price has risen since hitting 2431 and is forming a V formation. Look to see if price hits resistance here or a little higher at the marked sliding parallel.
SandP 500 E-Mini Futures 60 CME Updated 8/11/2017Price has stopped at 2431 which was previous resistance. Look to see if price can come up to the middle median line, and continue to follow down after hitting resistance.
SandP 500 E-Mini Futures 240 CME Updated 8/11/2017Price has landed on the median line as predicted. Look to see if price will come up to the 2450 area as resistance, and drop again.
SandP 500 E-Mini Futures 60 CME Updated 8/9/2017Price hit WL2 and fell which is not supprising as it has hit before and with good reaction. We have now dropped back into the downward pink fork and are following the frequency there. I would not be suprised if price wint up to the blue WL1 and then fell more perhaps to 2450 or lower
SandP 500 E-Mini Futures D CME Updated 8/9/2017Price has dropped from 2480 area, and is now trying to go for 2451 and the blue median line as support. If we break 2451 you could see a possible retest of 2400. Price should have a small bounce on this median line at least.
SandP 500 E-Mini Futures 240 CME Updated 8/9/2017Price has dropped sharply after trying to break the 2480 area. We are seeing a possible sell off which could be stronger if 2462 and 2451 are broken. Also look to the sliding paralalles which have confirmed this fork to the downside.
SandP 500 E-Mini Futures 240 CME Updated 8/8/2017Price has hit resistance near 2478, and is deciding to break through and go up or not. Look to see if price will travel down following the pink median line fork.
SandP 500 E-Mini Futures D CME Updated 8/8/2017Price is hitting resistance now. Look to see if we can break through or not. If we can break through look for the next sliding parallel as resistance. If we drop, look for 2450 area as support.
SandP 500 E-Mini Futures 60 CME Updated 8/8/2017Price is having a hard time to break the resistance here at 2478. Look to see what price does when it hits the wl1 of the pink down fork.
SandP 500 E-Mini Futures 60 CME Updated 8/7/2017I have added again the yellow modified schiff, as it has had nice touches on both the upper median line parallel, as well as the warning lines. Price has climbed up to 2480 area. Look to see if price will come down again to test the pink upper median line parallel. Look to see a possible breakout as we have been in a range for some time.
SandP 500 E-Mini Futures 240 CME Updated 8/7/2017Price is trying to break the 2480 area, but we do have a couple retests now on the upper yellow median line. Look to see if price will stay here, or if we could see a break down and a break lower below the pink trend line, which is also a loose sliding parallel.
SandP 500 E-Mini Futures D CME Updated 8/7/2017Price is following the sliding parallel still, and is trying to break resistance near 2480. Look to see if we can break resistance or if we will just fall from here and stay in a coil.
SandP 500 E-Mini Futures 240 CME Updated 8/4/2017 Price has bounced off of the sliding median line parallel, and is now retesting resistance on the top of the fork, Look to see if price will break out to the upside from here or show weakness at resistance.
SandP 500 E-Mini Futures D CME Updated 8/4/2017Price is struggling to try to stay at support on the sliding parallel. Look to see if price can hold here and rise higher out of support here.
SandP 500 E-Mini Futures 60 CME Updated 8/4/2017Price had tested the pink median line to the down side multiple times, but now has moved to the upside. Price has now stopped and turned at the sliding parallel, and is trying to break resistance around the 2476 area. Look to see if price can get above the yellow median line, and try to test and break resistance.
SandP 500 E-Mini Futures 60 CME Updated 8/3/2017Price is following the new pink down fork nicely that we have drawn in the past few days with many touches on the upper median line. Look to see if price will continue lower past 2461 level or be able to break to the upside 2478 area. As look as price is following this look for fade opportunities, but we do need to break 2464 hard to have a real retracement.
SandP 500 E-Mini Futures D CME Updated 8/3/2017Price is resting on the sliding parallel, with no follow through to the upside. We need to break recent highs near 2476 to continue higher. Price may come back down to rest on 2450 if we don't have a follow through to the upside.
SandP 500 E-Mini Futures 60 CME Updated 8/3/2017Price has shown frequency and had a break spike down towards minor support at 2461. We are now at a point where we need to break the 2461 low or we should continue higher.
SandP 500 E-Mini Futures 240 CME Updated 8/2/2017 The yellow fork to the downside is showing possible resistance again here. Look to see if we will drop from here to the downside again to 2461 ad lower, or if we can break 2476. Look at the frequencies of the downfork sliding parallels.
SandP 500 E-Mini Futures D CME Updated 8/2/2017 Price is still resting on the sliding parallel, trying to push higher, but if we break the sliding parallel, we should see 2451and possibly lower. We must get a push higher from here.
SandP 500 E-Mini Futures 60 CME Updated 8/2/2017Price is trying to break the yellow fork to the upside, but the fork is pushing down again as resistance. We will see who will win. There is two opposing forces at the moment.
