Medianlineset
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 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.
SandP 500 E-Mini Futures 240 CME Updated 6/15/2017Price has come back down from the WL1 at 2439. Look to see if price will hold here on weak support at 2417. I had marked 2439 as a possible turning point if we could not break above WL1, and it looks like it will stay that way for abit. Look for 2400 area as the nex suport area if we break 247 to the downside.
SandP 500 E-Mini Futures 240 CME Updated 6/13/2017Price has come down to the 2418 level at support. I am looking to see if price continues dropping lower or not after this bounce. If it does come a bit lower, you could look for 2400-2410 area as another possible support area for a bounce. If price breaks through the wl1, look for 2477 or higher.
SandP 500 E-Mini Futures 240 CME Updated 6/12/2017Price has hit the WL1 twice and formed a double top, and broke down to the next minor support level around 2418. Price could hold here and try to continue back up, or it could come further down again to the middle median line or the 2400 area to test support. Look at price action to see how it continues.