SandP 500 E-Mini Futures D CME Updated 7/21/2017 Price seems to be trying to come back down to retest the sliding parallel of the median line. Look to see if it acts as support again to go higher.
Andrew's Pitchfork
SandP 500 E-Mini Futures 60 CME Updated 7/21/2017 Price has come down to the 2461 area to retest after hitting the sliding parallel as marked yesterday. Look for price to hold here going into monday and try to retest 2476 again. Price is starting to look a bit extended, but we do have a high chance to get to the upper median line eventually.
SandP 500 E-Mini Futures 60 CME Updated 7/20/2017Price has broken higher after pivoting off a sliding parallel. Look for price to continue to the upper median line eventually.
SandP 500 E-Mini Futures D CME Updated 7/20/2017Price has pivoted off the sliding parallel on this time frame and is rising to the next sliding parallel. We should see price continue higher.
SandP 500 E-Mini Futures 240 CME Updated 7/20/2017Price has broken again to the upside. Price should continue higher to the next sliding parallel from here as marked, with a possible retracement in between.
SandP 500 E-Mini Futures 240 CME Updated 7/19/2017Price is struggling to break above the sliding parallel as resistance. To continue to the upper parallel, we must break through this level and 2461. If we do not, look for 2451 and 2440 area as possible support.
SandP 500 E-Mini Futures D CME Updated 7/19/2017Price is still trying to make up its mind if it wants to continue up from here or if it has hit resistance. I would think we will see follow through on price action today or tomorrow, possibly to the upside to the next sliding parallel.
SandP 500 E-Mini Futures 60 CME Updated 7/19/2017Price is starting to turn down from 2460 area, Look to see if price will hit the sliding parallel again and hold as support or continue farther to 2451 or 2443 area before turning up.
SandP 500 E-Mini Futures 60 CME Updated 7/18/2017Price has hit the sliding parallel after going to the median line and zooming through. This is considered a zoom retest, and we are now at minor resistance at 2360 which could turn into major resistance if we are not able to continue with the trend to the next sliding parallel. Look to be sure that price can continue the upward momentum, otherwise we may retest 2451 and 2443 areas.
SandP 500 E-Mini Futures 240 CME Updated 7/18/2017Price has hit resistance at the sliding median line parallel and also the median line. Look to see if price will hold here as support and try to continue higher to the next sliding parallel and the upper median line. If not, we may come back to hit the 2450-52 area and test support there.
SandP 500 E-Mini Futures D CME Updated 7/18/2017Price is at the sliding median line parallel now, look for price to continue to rise up to the next sliding parallel if we can hold suport here and at the 2450 area.
SandP 500 E-Mini Futures 240 CME Updated 7/17/2017Price is at a sliding parallel possible resistance point at this time. Look to see if price can break higher from here or if we will come back down to retest 2450 and try to go higher after.
SandP 500 E-Mini Futures D CME Updated 7/17/2017Price has broken 2450 area to the upside, and we are at a sliding parallel that has been touched many times before, so look if price can pivot off of this line and go higher to the next sliding parallel, or if we reverse and stay in a consolidation and energy coil.
SandP 500 E-Mini Futures 60 CME Updated 7/17/2017Price is at a new high area, as well as a new minor resistance line. Look to see what price does here, as it also had already touched the sliding parallel of the blue fork that is marked at the recent spike high. We may come down a bit from here to hit the 2451 or climb higher and break through the sliding parallel and retest as support and go higher.
Symmetry of Crude (UPDATE)Added Andrews Pitchfork to the chart - Lots of similarities; interaction between trendline, pitchfork line and price at $48,74 in 2016 and now.
Crude Oil - Long PositionHolding long position from Friday at $46,38 planning to hold until $48,10 and buy the next dip to $46,50 region and hold toward $49 where the big shorts will come
SandP 500 E-Mini Futures 240 CME Updated 7/14/2017Price is now at minor resistance at the blue middle median line. I have added an upper and lower sliding parallel where I have noticed possible frequency points for future support and resistance. Watch to see if we are able to break 2450 area as well as the blue middle median line and retest as support.
SandP 500 E-Mini Futures D CME Updated 7/14/2017Price is at the top of the yellow fork, and also we have bounce off the blue lower median line. Look to see if price will hold here at resistance, or if we can break through and retest 2451 and go higher. If the market does come down look for 2400 as a possible support line again
SandP 500 E-Mini Futures 240 CME Updated 7/13/2017Price has come up off the retest of the blue median line to the upside as marked, and is now resiting at the top of the yellow fork. Look to see if price will stay here or try to hit 2451 before doing a smalll retracement. There is some buying on the 2440 area retest of the resistance, so see also if this holds
SandP 500 E-Mini Futures D CME Updated 7/13/2017Price has bounced off of the lower median line and the support at 2403. We are now trying to break 2450 area to the up side again to continue the trend. We must also break the yellow median line resistance to continue in this uptrend, so look to see if price can do that now.
SandP 500 E-Mini Futures 60 CME Updated 7/13/2017Price has shifted as I had mentioned after the large spike bar on 7/11. Price is now at resistance at 2443. I would expect price to drift down a bit to hit 2435, then find support, and then try to continue up higher maybe to try to test again 2451.
SandP 500 E-Mini Futures 60 CME Updated 7/12/2017Price has broken the sliding parallel resistance now that has had multiple touches. We are now at the minor resistance area of 2427-28. Look to see if price can break this and retest as support to continue higher to a minimum of probably the 2435 area. We see buyers at the pink acrrow, so price should continue to rise.
SandP 500 E-Mini Futures D CME Updated 7/12/2017Price is still hanging on the blue lower median line. Look to see if price holds here and can continue rising. Price will probably rise forme here to at least 2443-2450 area to see if we can get past the resistance point. We will also see if the new pitchfork to the downside acts as resistance.
