Medianlineset
SandP 500 E-Mini Futures D CME Updated 1/18/2017Price is still hanging near 1173, but is coming off of high. We need price to break 2273 ad retest as support to continue uptrend. Look to see if price can get back into pink fork and drop, or if it will break the high and continue. Price is still in the blue fork, but we are slowly losing energy to the upside.
SandP 500 E-Mini Futures D CME Updated 1/17/2017Price has started to fall at the resistance area near 2273 which I have mentioned over the last week. It really is not a surprise at this point. We were looking for price to break through and retest or fall from this area as it has. It has also formed a sliding parallel wwith the same frequency as the pink fork.If it can drop from here and fall back into the fork we could see a further retracement.
SandP 500 E-Mini Futures 60 CME Updated 1/13/2017Price came down and touched the middle median line as well as the support near 2250 and 50% Fibonacci retracement. Look to see what price does here near the resistance zone, but it looks like buyers have started to move price up to try to break through.