Andrew's Pitchfork
SandP 500 E-Mini Futures 240 CME Updated 8/16/2017Price has formed a V after coming off of the pink median line, and has now again showed frequency by testing and retesting the upper pink median line. Look to see if price can stay stalled here and will continue down to the marked middle median line again.
SandP 500 E-Mini Futures 60 CME Updated 8/16/2017Price has risen off of the test of the upper median line, and retested warning line 1 on the blue fork as well as hit the warning line 1 on the pink and formed a possible double top formation as well around 2475. Look to see if this area holds as a possible resistance area here.
SandP 500 E-Mini Futures 60 CME Updated 8/15/2017Price has hit warning line 1 and he has come down to retest the upper median line parallel. We have just made a V formation, so look to see if we wil continue down or hold here. Price has started to make lower lows and showing weakness, so lets see if price will stay under the 2477-2480 area.
N. Korea and GOLDIf the panic will keep rising and the tensions won't stop between USA and N. Korea, I guess OANDA:XAUUSD might have a big rise, as many gold traders are expecting. We saw the quick money from Japan and other ASIA how they went to BITSTAMP:BTCUSD and sometime in the next week or two, it will be GOLD's turn to get some money and gain some value.
SandP 500 E-Mini Futures 60 CME Updated 8/7/2017I have added again the yellow modified schiff, as it has had nice touches on both the upper median line parallel, as well as the warning lines. Price has climbed up to 2480 area. Look to see if price will come down again to test the pink upper median line parallel. Look to see a possible breakout as we have been in a range for some time.
SandP 500 E-Mini Futures 240 CME Updated 8/7/2017Price is trying to break the 2480 area, but we do have a couple retests now on the upper yellow median line. Look to see if price will stay here, or if we could see a break down and a break lower below the pink trend line, which is also a loose sliding parallel.