SandP 500 E-Mini Futures 240 CME Updated 11/20/2017Price has bounced from the upper pink median line and is now at mild resistance at 2577. Look to see if we can break to the upside and continue higher to test again 2594 area.
Sandp500
SandP 500 E-Mini Futures 60 CME Updated 11/20/2017Price has dropped from resistance at 2585, and stopped at support at 2568. We are now again near possible resistance near 2577. Price should break to the upside and continue to follow the path of the blue fork.
SandP 500 E-Mini Futures 60 CME Updated 11/17/2017 Price has broken to the upside out of the downward sloping fork. Look to see if price can continue on this blue median line path to the upside.
SandP 500 E-Mini Futures D CME Updated 11/17/2017 Price has held the blue median line as support for the time being. Look to see what price does in the next few days.
SandP 500 E-Mini Futures 240 CME Updated 11/17/2017 Price has come back up to the upper pink median line, after nearly touching the median line and finding support at 2562 and the sliding parallel. Look to see if price comes up to try to break 2594 area.
SandP 500 E-Mini Futures 240 CME Updated 11/16/2017 Price dropped down to below the blue median line as we had mentioned as a possibility. We are now near the 2577 area which could act as possible resistance to the upside. If we start to drop again we could see the blue median line as support or 2562 again.
SandP 500 E-Mini Futures D CME Updated 11/16/2017Price is at the bottom blue median line and is trying to break down. Look to see if price breaks down and hits support at 2545.
SandP 500 E-Mini Futures 60 CME Updated 11/16/2017Price continued to break down yesterday and dropped all the way to the sliding parallel that we had also drawn in. It broke down faster than we thought, but price stopped at support at the sliding parallel and support at 2557 area and reversed. We are again now at the resistance point of the sliding parallel and we may drop a bit from here.
SandP 500 E-Mini Futures 60 CME Updated 11/15/2017Price is at support near the 2564 area. Look to see if price will rise some from here for a bit to 2571 before possibly continuing lower.
SandP 500 E-Mini Futures 240 CME Updated 11/15/2017 Price has dropped down from 2594 and is now at support at 2562 area. Look to see what price does here. If we break and continue lower low for 2541 eventually as support. Price will follow the pink median line until it breaks to the upside.
SandP 500 E-Mini Futures D CME Updated 11/14/2017 Price is at the lower blue median line. Look to see if price will break through and continue lower. If we do break through, look for 2544 as support.
SandP 500 E-Mini Futures 240 CME Updated 11/14/2017Price has started to show it may turn over after hitting the sliding parallel resistance again and pointing down. Look to see if we break 2577 and then continue lower.
SandP 500 E-Mini Futures 240 CME Updated 11/13/2017Price has come up to hit the sliding parallel as resistance, and is drifting down look for 2563 area as support, as well as the middle median line.
SandP 500 E-Mini Futures 60 CME Updated 11/13/2017 Price did as expected and mentioned in my last post on this timeframe. I had mentioned price shouldcome up to 2585 or 2580 then give a signal to possibly drop. We now are at support at 2571, but it appears that it may break. If we do break here, look to the median line, and also 2565 as support to show if it may continue to the upside.
S&P 500 Short set-up from hereS&P 500 Index SPX500
The last short got stopped out at even - right idea, wrong
double top. Now it's fallen below the parallel that's been
guiding this impulse wave since summer lows...it's trying to
make a feeble counter-rally back to kiss the underside of the
lower parallel before it falls away again to 2566-2564 range
where it should make a rally attempt to form the right
shoulder of a head and shoulders pattern now forming here.
Sell from 2580 or as close to as possible with stop above 2583
for 3 point loss if wrong...once 2564 breaks after a first
bounce from there of up to 11 points back to 2573-2577 range
it should fall again at least back to 2564 and then when that
fails to 2541. Two short trades here worth following
SandP 500 E-Mini Futures 60 CME Updated 11/10/2017 Price has broken down and hit the median line, then rose up to resistance at 2585 which is also previous resistance, and came back down to hit support at 2571. Price is choppy now, and volatility is increasing to the downside. Price may come up a bit more before trying to make another move to the downside. Look to see what price does at 2580 and 2585 levels.
SandP 500 E-Mini Futures D CME Updated 11/10/2017 Price has dipped and found buying again at the lower median line, but price is looking like it may try to drop here out of the fork. Look to see if we can break 2593, or if we will come down through the pitchfork and break down.
SandP 500 E-Mini Futures 240 CME Updated 11/10/2017Price has moved down slightly after touching the the sliding parallel that had acted as support, as now resistance. Look to see what price does as it rises here, because there may be continued weakness.
SandP 500 E-Mini Futures D CME Updated 11/9/2017Price has dropped down after touching resistance multiple times. Price looks like it may break the blue median line now. If it breaks hard, we may be in for a consolidation.
SandP 500 E-Mini Futures 60 CME Updated 11/9/2017 Price could not break above resistance, and hit resistance again at 2593 area and dropped. It looks like it could continue as the move is large to the downside. Look to see if 2577 or 2570 will hold as support
SandP 500 E-Mini Futures 60 CME Updated 11/8/2017 Price dropped lower and found support at the median line, bounced up, and is now at resistance near 2586. We must break above 2586 and test as support to continue the upward momentum. I have also drawn in the pink downward fork in case we hit resistance up here.
S$P500 index: Short Position Update, lower stopS&P 500 SPX500 Short Position Update
Lowering stop to 2588.7 on short to 2588.9 (to break even if
this trade goes wrong from here), but still looking for 22-23
points downside to 2578-2576 from 2589 entry point if right.
S$P 500 Index: SPX500 Short term short set up here for 20 pointsS&P Index SPX500
Short term double top/loss of upward momentum and now
struggling below reistance at 2588-2590. A short term sell
back to 2576 with stop above 2590 for 20 point win or 4
point loss
