SandP 500 E-Mini Futures 240 CME Updated 12/7/2017Price has come down to support at the sliding parallel and 2624 support. Look to see if price can come up above 2648 and 2658 areas.
Slidingparallels
SandP 500 E-Mini Futures 60 CME Updated 12/7/2017Price has come down and bounced on the upper median line. Look for price to continue up to 2646 and possibly act as resistance there.
SandP 500 E-Mini Futures 60 CME Updated 12/6/2017 Price has dropped after hitting the sliding parallel near the warning line 1, which corresponds to the warning line 1 on 240 time frame. Look to see what price does here at mild support at 2623. I would expect there will probably be a bounce going up higher to at least 2634.
SandP 500 E-Mini Futures 240 CME Updated 12/4/2017Price has hit the warning line 1 and has come down, and now we are back up. Price is now at resistance again, so look to see if we can move higher or will pull back here. We could fill the gap, then break to the upside as a possibility.
SandP 500 E-Mini Futures D CME Updated 12/4/2017 Price is continuing to rise up above te sliding parallels. We are looking for price to continue higher if we can continue this momentum above the marked lines
SandP 500 E-Mini Futures 240 CME Updated 11/30/2017 Price has climbed past the upper blue median line. The sliding parallel below has acted as support. Look to see if price can continue higher or will consolidate.
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 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 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 10/25/2017Price has continued to be at support here at 2562. Look to see if price continues to hold here and can rise, or if we break down to 2551 area.
SandP 500 E-Mini Futures D CME Updated 10/24/2017 Price has come down after trying to break the sliding parallel resistance. We must get i hard break to the upside and retest as support to continue higher, otherwise we wil continue down and try again to test the blue median line.
SandP 500 E-Mini Futures 240 CME Updated 10/2/2017Price is at weak resistance near the sliding parallel. Look to see if price will push through and retest as support to continue higher.
SandP 500 E-Mini Futures D CME Updated 9/28/2017Price is still holding below the bottom of the blue median line set. Price is may come again back down to the 2480 area to test support. Look to see if price can drop farther, or if price will rise back into the blue median line.
SandP 500 E-Mini Futures 60 CME Updated 9/28/2017Price has come up and touched resistance at 2506, and his coming down again. We had good touches on Warning Line 1, but now it his broken down after also hitting the next median line as I had mentioned yesterday. Look for price to continue down to 2495 then 2488 then possibly 2480 if the rejection at 2506 holds.
SandP 500 E-Mini Futures D CME Updated 9/21/2017Price has stayed at the top of the channel and the lower blue median line break and retest for some time now. We should see a break down or break out shortly, with the bias on it going to 2480 first, as the blue median line is acting as resistance at the moment.
SandP 500 E-Mini Futures D CME Updated 9/15/2017Price has still stalled at the back test retest of the blue median line. This is showing that price should remain below this area and try to drift down.
SandP 500 E-Mini Futures 240 CME Updated 9/11/2017 Price is at resistance at as it has gapped up over the weekend to 2474 area. Look to see if price will hold here at resistance or finally try to break 2480 hard, and again try to retest the middle blue median line again.
SandP 500 E-Mini Futures 60 CME Updated 9/8/2017Price has broken down after hitting the sliding median line and going lower. Look to see if price can break 2456 hard and then 2450 area. We may come to retest the blue median line and pink median line energy point before going lower.
SandP 500 E-Mini Futures 60 CME Updated 9/7/2017 We have price coming up to test the sliding parallel of the downward sloping pink median line. Look to see if price can drop or if it will break to the upside to try to test 2480. 2456 and 2450 are important levels to look for to the downside.
SandP 500 E-Mini Futures 240 CME Updated 9/1//2017Price has gone up to test the blue middle median line. Look now to see if price will retrace from here as it is also at the sliding parallel of the spike bar, and near major resistance of 2480.
EURUSD WeeklyHello there,
On the chart we have three pitchfork's, the pink one is a standard fork and has its upper parallel being tested, the blue fork is a modified Schiff which found resistance on its upper sliding parallel. Then there is the dashed gray pitchfork of which the medianline is being tested, all at a single point of confluence where a bat pattern formed its PRZ on the daily chart. Use your own analysis to confirm whether this could be a good trading setup for you or not.
Goodluck !
USDCADHello,
First of all sorry for the cluttered view, I tried to make it as clean as possible.
On the chart we have several pitchforks to indicate where price is headed.
The sliding parallel which has been projected more than once keeps on being
respected by price. The smallest(black) pitchfork still holds value as its
warningline(black dashed line) formed a confluence with the projected
sliding parallel at which price bounced after contact.
I do understand this analysis is too late as price already bounced but a retest
might give you a second chance!
Goodluck
SandP 500 E-Mini Futures 60 CME Updated 4/3/2017Not a big surprise here that price has been turning now. Look to see if 2350 area can continue as resistance. We have opposing forks, but the dominant trend is stall looking like it may be down. See if we can break 2333, and 2317, or if this sliding parallel will hold and we will go back up to 2383 area.
