SandP 500 E-Mini Futures 60 CME Updated 2/24/2017Price has hit 2365 as resistance and dropped to 2351 as expected. We are ranging at the moment, but because of the huge up move, we may end up going further down to 2338 as support.
Andrew's Pitchfork
SandP 500 E-Mini Futures 60 CME Updated 2/23/2017Price has started to come down at resistance and also the retest of the back of the sliding parallel. Look for price to start to drift further down, unless it can get back into the blue fork, which I don't see happening anytime soon.
SandP 500 E-Mini Futures 240 CME Updated 2/23/2017Price has started to come down off of 2365 area. Look to see if price holds at 2351 area. If not we should see 2329-2337
SandP 500 E-Mini Futurtes D CME Updated 2/23/2017Price has started to come down after making this high and stalling near the sliding parallel. If we drop form here look for 2336 and 2301 as support.
SandP 500 E-Mini Futures 60 CME Updated 2/22/2017Price has hit the lower median line a few times now. Look to see if price holds here near 2354 and goes past 2364. We have news coming out soon.
SandP 500 E-Mini Futures 240 CME Updated 2/22/2017I have changed the upfork to a regular fork, as the price has increased in force to the upside, and has shown two nice touches on the middle median line. Look for price to rise above the middle median line, otherwise we will retrace to the lower median line and may hold as support.
SandP 500 E-Mini Futures D CME Updated 2/22/2017Price is stalling at the edge of the sliding parallel. Price must start to make new highs, or we may see a retracement to 2338 or 2301.
SandP 500 E-Mini Futures 60 CME Updated 2/21/2017I changed the modified fork to a regular fork, and added sliding parralels to show you the force of this move. We also need to see price rise above the blue lower median line again, or we can expect a retracement.
SandP 500 E-Mini Futures 240 CME Updated 2/21/2017Price has headed above the WL1, so we will look to WL2 and WL3 for possible resistance.
SandP 500 E-Mini Futures D CME Updated 2/21/2017Price has continued to the upside. Look for price to go to the next sliding parallel as possible resistance
CL wider view. Possible big moves.As you can see, we've been consolidating with very little movement last week. Actually, it's the weakest weekly candle since the year of 2003! Quite possibly resetting Indicators for a big move. As it appears, we might be at the cliff right now. It's edging on the 1.0 handle of that wide upsloper. If it dips below it, we might be negating that C and move towards forming a new one, hunting for a LOY. However, if we stay in this fork, it's a big sign of a possible strong upmove, hunting for a new HOY. I believe it will play out Monday/Tuesday already.
SandP 500 E-Mini Futures 60 CME Updated 2/17/2017Price has come down to minor support and also the low of the up trendline. Look for possible support here and move to try to test 2351 again. If price breaks down, look for 2329 as next minor support.
SandP 500 E-Mini Futures 240 CME Updated 2/17/2017Price has come down to minor support area near 2338. Look to see if price holds here or drops down to 2329 and 2318 areas.
SandP 500 E-Mini Futures D CME Updated 2/17/2017Price has come up to the WL1 and is now stalling and coming down. Look for price to show you support soon for possible move to the upside.
SandP 500 E-Mini Futures 60 CME Updated 2/16/2017Price has gone up to 2352 and formed resistance. We are now at minor 2340 and holding. Price may go down to 2329 and hold as support if we break the trendline. Otherwise look for price to retest 2352 area.
SandP 500 E-Mini Futures 240 CME Updated 2/16/17Price has gone up to the WL1. Look for possible pullback to 2330 area before going higher. The angle of this move is very high, so look for the trendline to sustain this energy.
SandP 500 E-Mini Futures D CME Updated 2/16/17Price has come up after hitting the sliding parallel and is now oat the next parallel forming possible resistance near 232 area. Look to see how far a retrace we may get here. Price may drop a bit here or go past 2352 and use as support before going higher to next sliding parallel.
SandP 500 E-Mini Futures 60 CME Updated 2/15/2017Price has climbed higher. It is now near the 60 WL1 and also 240 WL1. It looks like price may continue up to the next line on this trend.
SandP 500 E-Mini Futures 240 CME Updated 2/15/2017Price has hit the WL1 after retesting the uper blue median line as support. Look to see if price can hold support near 2329.
SandP 500 E-Mini Futures D CME Updated 2/15/2017Price has continued higher and is now against the next sliding parallel. Look for price to break and retest as support to continue higher.
SandP 500 E-Mini Futures 60 CME Updated 2/14/2017Price has gone through the upper median line, and retested and is now going higher. Look to W1 for possible resistance.
SandP 500 E-Mini Futures 240 CME Updated 2/14/2017Price has come up past the upper median line. The next area to look will be the WL1. Look to see what price does there.
SandP 500 E-Mini Futures D CME Updated 2/14/2017Price has hit the sliding parallel and moved up past resistance levels, to the the next sliding parallel. Look for a break of the sliding parallel to see if it will continue.
