SandP 500 E-Mini Futures 240 CME Updated 6/27/2017Price is following two paths of force with both of the median lines coming together at this time. Look for price to make a move soon as WL1 and the sliding parallel are converging.
Medianlines
SandP 500 E-Mini Futures 240 CME Updated 6/26/2017I drew in an alternative view today of the up fork that is showing good frequency today. Price has had multiple touches on the sliding parallels of this pitchfork modified schiff median line. I am still considering also the regular median line in dashed yellow, as a potential break and retest of WL1 to continue higher.
SandP 500 E-Mini Futures D CME Updated 6/26/2017Price is starting to show momentum up after hitting the sliding parallel. Look to see if price will continue up and try to take out recent highs near 2450.
SandP 500 E-Mini Futures 60 CME Updated 6/26/2017Price has come up after hitting the 2427 area and is near the upper median line parallel. Look to see if price will hit resistance near this band and drop or not.
SandP 500 E-Mini Futures 60 CME Updated 6/23/2017We are slowly coming down along the path of the downward pink fork on this time frame. Look to see if we have any movements showing resistance or support on this fork. Price is in a consolidation between 2451 and 2417.
SandP 500 E-Mini Futures D CME Updated 6/23/2017Price is still stuck on the sliding parallel as support. Look to see if we can continue up or if we will drift down towards 2400 area.
SandP 500 E-Mini Futures 240 CME Updated 6/23/2017Price is still consolidating in this area, not really soure what to do. Look for a break either way above 2440 or below 2426.
SandP 500 E-Mini Futures 240 CME Updated 6/22/2017Price is holding here at 2427 area. Look to see if price continues to hold and rise. If we fall look for 2418 and 2402 area as possible support. Above look for 2477 area around WL2 as possible resistance.
SandP 500 E-Mini Futures D CME Updated 6/22/2017Price is resting on the sliding parallel that has been tested multiple times. Price must climb again from here or we may start to see more weakness. If we drop look for 2400 level again.
SandP 500 E-Mini Futures 60 CME Updated 6/22/2017Price has come down and hit the median line multiple times. and is now bouncing off as support as well as hitting the middle resistance point near 2427.
SandP 500 E-Mini Futures 60 CME Updated 6/21/2017Price has come down a bit from hitting near the median line around 2451 area. look to see if price wil bounce up fro here on the double test of the lower median line as marked. If not. we could passible see a new trend down as marked with the yellow fork, as price is showing a bit of weakness now.
SandP 500 E-Mini Futures D CME Updated 6/21/2017 Price has hit the daily top sliding parallel as explained yesterday and took a small drop. See if price can hold here and continue. Look out for any breakdowns in price back to 2400 as well.
SandP 500 E-Mini Futures 240 CME Updated 6/21/2017Price came down a bit from the WL1, I had thought that it may continue extending, but it pulling back a bit to fall back below the wl1. Look to see the sliding parallel line as marked to continue the trend, or possible a rise from here with hidden support as marked.
SandP 500 E-Mini Futures 240 CME Updated 6/20/2017Price has gone through the WL1 and is now coming back. It may hit WL1 and the 2440 area as support, so watch what price does there to signal if it is going to continue to WL2 around 2475.
SandP 500 E-Mini Futures D CME Updated 6/20/2017Price is now at the top of the sliding parallel as mentioned earlier. Look to see we will continue or if price wil pull back a little from here.
SandP 500 E-Mini Futures 60 CME Updated 6/20/2017Price has started to run out of steam after hitting close to the median line on this time frame. Look for price to possible pull back a bit more to the pereious highs at 2443 area, then show support and contnue.
SandP 500 E-Mini Futures 240 CME Updated 6/19/2017I have drawn in a new width fork that has captured price nicely, as we have broke the price action to the upside. Look for price to continue to at the mimum the median line on this particular timeframe.
SandP 500 E-Mini Futures 240 CME Updated 6/19/2017Price has bounced off the sliding parallel on the and is rising again. Look for the next sliding parallel to act as minor resistance then if it breakes the next after. Price is at the ABCD extension of the move up, so keep that in mind.
SandP 500 E-Mini Futures 240 CME Updated 6/19/2017Price has broke through WL1 after hitting resistince and the sliding parallel coming from the high on the left. Look for price to retest as support on wl1 or or the resistance turning support at 2440 area, and then continue higher.
SandP 500 E-Mini Futures 240 CME Updated 6/16/2017Price has come down from the triple top around 2440. We are now at minor support on the sliding parallel. 2317 is also minor support as well as the top median line as marked.
SandP 500 E-Mini Futures D CME Updated 6/16/2017Price has come down a bit down to sliding parallel. Look for price to hold here or continue to 2400. If price to break through and come to 2400 area possibly for minor support.
SandP 500 E-Mini Futures 60 CME Updated 6/16/2017 Price has hit the 2436 area of minor resistance, and is dropping. Price should drop further down to at least 2417. If we break 2417, we should see price hit the sliding parallel, and perhaps continue lower to the median line. 2417 is the level to watch at the moment if price will drop below or not.
SandP 500 E-Mini Futures 60 CME Updated 6/15/2017Price has dropped from the 2439 area, and is now resting on the 2418 area for a possible support area. If we break lower here, look for 2400 and eventuall 2389 and the lower median line, if we break above, 2439 I will be drawing in a new up fork on this timeframe. It is interesting to see that the marked sliding parallel has the same frequency as the median line set.
