Medianlineset
SandP 500 E-Mini Futures 60 CME Updated 7/27/2017Price has continue up higher to brea 2476, and has hit the sliding parallel as resistance twice. ook to see if price can continue higher past the sliding paralle and hold 2476 as support. Price needs to continue higher to stay in the trend up to the upper median line.
SandP 500 E-Mini Futures 240 CME Updated 7/25/2017Price has continued up higher past the median line and is now resting on the sliding parallel. Look to see if price can try to break higher past 2476 from here, or if it acts as resistance. We should continue on the path of the blue fork to the upside, and be able to hit the upper parallel again. Look out for trend line resistance in yellow.
SandP 500 E-Mini Futures 60 CME Updated 7/24/2017I have drawn in a smaller blue median line fork to the upside to show that the current path of price is taking a pause. Price is now at the sliding parralel of the median line, and should hold here to try to push higher. We should eventually be able to get to the upper median line of the yellow pitchfork.
SandP 500 E-Mini Futures 60 CME Updated 7/18/2017Price has hit the sliding parallel after going to the median line and zooming through. This is considered a zoom retest, and we are now at minor resistance at 2360 which could turn into major resistance if we are not able to continue with the trend to the next sliding parallel. Look to be sure that price can continue the upward momentum, otherwise we may retest 2451 and 2443 areas.
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.