SandP 500 E-Mini Futures 60 CME Updated 3/17/2017Price has broken the lower blue median line and also sliding parallel. Price has now retested the uper pink median line and is dropping. Look to see if price breaks through 2376 then you may see another chance to look for new lows after a retest of the pink median line again.
Medianlineset
SandP 500 E-Mini Futures 240 CME Updated 3/15/2017Price has turned on WL1 and also near 2350 area. Look to see if we can get past 2374 and 2383 for another push to 2400. I would not be surprised if we tride to break 2400 and had a loose double top or a break and loose retest to shake people out that are trading the news.
SandP 500 E-Mini Futures 240 CME Updated 3/14/2017Price has come down from the psych level high at 2400. Price rose up to try to break 2370 area, but could not. Look to see if price will hold at 2351 area. We are currently at WL1, so look to see if we can hold here as well. If we break you could see a move down to 2337 and 2318 area.
SandP 500 E-Mini Futures 60 CME Updated 3/13/2017Price has come up and is following the blue median line after touching the 2351 area as support. Look to see if we can get some momentum to the the upside, otherwise this may just be a minor pullback in a new downtrend. I would like to see 2373 broken to the upside as well as 2382 to show a potential move up to try to break the 2400 psych level again.