SandP 500 E-Mini Futures D CME Updated 7/20/2017Price has pivoted off the sliding parallel on this time frame and is rising to the next sliding parallel. We should see price continue higher.
Medianlines
SandP 500 E-Mini Futures 240 CME Updated 7/20/2017Price has broken again to the upside. Price should continue higher to the next sliding parallel from here as marked, with a possible retracement in between.
SandP 500 E-Mini Futures 240 CME Updated 7/19/2017Price is struggling to break above the sliding parallel as resistance. To continue to the upper parallel, we must break through this level and 2461. If we do not, look for 2451 and 2440 area as possible support.
SandP 500 E-Mini Futures D CME Updated 7/19/2017Price is still trying to make up its mind if it wants to continue up from here or if it has hit resistance. I would think we will see follow through on price action today or tomorrow, possibly to the upside to the next sliding parallel.
SandP 500 E-Mini Futures 60 CME Updated 7/19/2017Price is starting to turn down from 2460 area, Look to see if price will hit the sliding parallel again and hold as support or continue farther to 2451 or 2443 area before turning up.
SandP 500 E-Mini Futures 240 CME Updated 7/18/2017Price has hit resistance at the sliding median line parallel and also the median line. Look to see if price will hold here as support and try to continue higher to the next sliding parallel and the upper median line. If not, we may come back to hit the 2450-52 area and test support there.
SandP 500 E-Mini Futures D CME Updated 7/18/2017Price is at the sliding median line parallel now, look for price to continue to rise up to the next sliding parallel if we can hold suport here and at the 2450 area.
SandP 500 E-Mini Futures 240 CME Updated 7/17/2017Price is at a sliding parallel possible resistance point at this time. Look to see if price can break higher from here or if we will come back down to retest 2450 and try to go higher after.
SandP 500 E-Mini Futures D CME Updated 7/17/2017Price has broken 2450 area to the upside, and we are at a sliding parallel that has been touched many times before, so look if price can pivot off of this line and go higher to the next sliding parallel, or if we reverse and stay in a consolidation and energy coil.
SandP 500 E-Mini Futures 60 CME Updated 7/17/2017Price is at a new high area, as well as a new minor resistance line. Look to see what price does here, as it also had already touched the sliding parallel of the blue fork that is marked at the recent spike high. We may come down a bit from here to hit the 2451 or climb higher and break through the sliding parallel and retest as support and go higher.
SandP 500 E-Mini Futures 240 CME Updated 7/14/2017Price is now at minor resistance at the blue middle median line. I have added an upper and lower sliding parallel where I have noticed possible frequency points for future support and resistance. Watch to see if we are able to break 2450 area as well as the blue middle median line and retest as support.
SandP 500 E-Mini Futures D CME Updated 7/14/2017Price is at the top of the yellow fork, and also we have bounce off the blue lower median line. Look to see if price will hold here at resistance, or if we can break through and retest 2451 and go higher. If the market does come down look for 2400 as a possible support line again
SandP 500 E-Mini Futures 240 CME Updated 7/14/2017Price has show here that it may come down abit at the fork resistance. We also have good frequency on the sliding parallel line which is marked in pink arrows, to verify the fork. If price does decide to hold as resistance and drop a bit from here look for 2428 and 2417 as support. I would be watching closely the 2450 level as resistance as well. Price is trying to push higher, but we have to see if we will have enough momentum to break this sideways yellow fork and continue in the blue fork path.
SandP 500 E-Mini Futures 240 CME Updated 7/13/2017Price has come up off the retest of the blue median line to the upside as marked, and is now resiting at the top of the yellow fork. Look to see if price will stay here or try to hit 2451 before doing a smalll retracement. There is some buying on the 2440 area retest of the resistance, so see also if this holds
SandP 500 E-Mini Futures D CME Updated 7/13/2017Price has bounced off of the lower median line and the support at 2403. We are now trying to break 2450 area to the up side again to continue the trend. We must also break the yellow median line resistance to continue in this uptrend, so look to see if price can do that now.
SandP 500 E-Mini Futures 60 CME Updated 7/13/2017Price has shifted as I had mentioned after the large spike bar on 7/11. Price is now at resistance at 2443. I would expect price to drift down a bit to hit 2435, then find support, and then try to continue up higher maybe to try to test again 2451.
SandP 500 E-Mini Futures 60 CME Updated 7/12/2017Price has broken the sliding parallel resistance now that has had multiple touches. We are now at the minor resistance area of 2427-28. Look to see if price can break this and retest as support to continue higher to a minimum of probably the 2435 area. We see buyers at the pink acrrow, so price should continue to rise.
SandP 500 E-Mini Futures D CME Updated 7/12/2017Price is still hanging on the blue lower median line. Look to see if price holds here and can continue rising. Price will probably rise forme here to at least 2443-2450 area to see if we can get past the resistance point. We will also see if the new pitchfork to the downside acts as resistance.
SandP 500 E-Mini Futures 240 CME Updated 7/12/2017Price dipped down again to retest the blue median line and we saw a lot of buying on the retest of the median line. Look to see price rise from here if we can get past minor resistance now at 2427.
SandP 500 E-Mini Futures 240 CME Updated 7/11/2017I added the blue fork which will be the indicator to show if we will continue is this upward momentum. This blue fork has cut through price nicely with multiple touches, and if price drops out if it, we know that price may continue on the yellow fork frequency. Price may drift back down to 2418 area, then show if it will hold as support again.
SandP 500 E-Mini Futures D CME Updated 7/11/2017Price is still having some trouble gaining more momentum off the blue median line. Look to see if we can get some push up, otherwise we may range and drop eventually below the 2400 area.
SandP 500 E-Mini Futures 60 CME Updated 7/11/2017As mentioned before yesterday, price came down and touched 2420, then came up and is still hitting near 2429 and the sliding parallel as resistance. We could try now to rise above 2429 and then use it as support when we break through, or we could drift down to 2418 level and the blue median line again as marked. I am thinking we may try again for the upper median line parallel near 2437 if 2420 can continue to hold as support.
SandP 500 E-Mini Futures 60 CME Updated 7/10/2017Price has hit this sliding parallel multiple times as marked, and each time it has dropped. If we continue to drop from here look again to 2420 and 2416 as minor support. Look for 2402-2406 as more major support on this time frame, and price to continue lower until we break the sliding parallel resistance line as marked.
