SandP 500 E-Mini Futures D CME Updated 9/6/2017Price is now fallen again off of resistance around 2480, and has landed at 2450. Look to see if price can hold here and try to break again. If not, we should eventually either retest the blue median line again on the back, or break down lower under 2450 to go to 2400 again.
Medianlineset
SandP 500 E-Mini Futures 60 CME Updated 9/5/2017Price is following nicely the upward blue median line. We have multiple tests also on this recent sliding parallel. Look to see if price breaks 2463 or tryis to test again the 2480 area. The multiple tests on this sliding parallel could point to a retest of 2480.
SandP 500 E-Mini Futures 60 CME Updated 8/31/2017Price has risen off of the test and retest of the bottom median line, and is now at prior resistance near 2465. we are following the path of the newly added blue median line nicely with tests, but no break as of yet on the middle median line. Look to see if the 2465 and the warning line 2 will hold as resistance, or if we break the middle median line and continue higher.
SandP 500 E-Mini Futures D CME Updated 8/31/2017Price has risen after hitting the sliding parallel on the action reaction set and has broken through the 2450 resistance area. look to see if price will drop back below from here, or continue to rise up to the 2480 area to try to test resistance up there. We are still in a sideways up move from the looks of it until we break hard the 2420 and 2400 levels to the downside. When we do that we could see moves lower especially if we break the 2400 area. To the upside following the channel, if we break 2480 look to the top of the sideways upward action reaction set to act as resistance.
SandP 500 E-Mini Futures 240 CME Updated 8/30/2017We are looking at 2450 as resistance here. If price breaks to the upside, look for 2461 and the upper median line parallel as possible resistance points. On this time frame it looks like price could pull back a little maybe to near the 2440 area to show as possible support again.
SandP 500 E-Mini Futures 60 CME Updated 8/30/2017Price bounced off the lower median line nicely,filled the gap, and stalled at prior resistance near 2454. It looks like there is some new strength in the market on this time frame. We should see a drop to at least 2439-2444, then show some support somewhere in there.
SandP 500 E-Mini Futures 60 CME Updated 8/29/2017Price has broke down from the 2454 and also the 2449 level around the psych level of 2450. We have also touched the lower median line again which has shown great frequency in the past. Look for price to pull back a bit here before possibly filling the gap near 2439.75.
SandP 500 E-Mini Futures 240 CME Updated 8/25/2017 Price has reversed at 2440, and is now hitting the sliding parallel. Look for price to show if it can drop again from here, as this is a potential resistance area. Look to see if we break through, or break down from here. If we break to the upside look for 2463.
SandP 500 E-Mini Futures 240 CME Updated 8/24/2017Price has dropped down from 2450, and is now resting on possible support near 2440. I have drawn in the channel that we are in within the fork, so look to see if price will continue down possible for another move. 2440 is possible heavy support, so if we break down below 2440 and 2416 look for a possible break and retest of the middle median line.
SandP 500 E-Mini Futures D CME Updated 8/24/2017 Price retested the 2450 area again to the and is going down. I added a hidden sliding parallel that is showing good frequency with the same frequency as the sideways channel we are in. See if we can break below the next support level and continue to the 2400 area.
SandP 500 E-Mini Futures 60 CME Updated 8/24/2017Price has bounced off of resistance near 2448, and is now down to test the middle median line again. Look to see if price can hold as support here and go a bit higher. We tested near the 2432 area as predicted that we had mentioned before. I have drawn in a possible sliding parallel line here, as it may act as support.