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Andrew's Pitchfork

SandP 500 E-Mini Futures D CME Updated 9/11/2017Price has slowly come up to the 2480 level again, after hitting the 2450 area as support. Look to see if price will break the 2480 resistance level, or if it will stop here and break down again. Price has broken out of the large blue median line, and is following the path of the upward sliding parallel, so it appears that price should try to touch the upper line near 2500 if we break out of the 2480 area. If we break down 2400 would be an area to look at also for support.
CME_MINI:ES1!
by eaglestar
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.
CME_MINI:ES1!
by eaglestar