Market Geometry
SandP 500 E-Mini Futures D CME Updated 10/23/2017Price has risen above the sliding parallel. Look to see price continue higher to the next sliding parallel and price is increasing in strength as we have broken the parralel channel i had marked before and is starting to move higher. Doubling the range of the action reaction set looks like there may be resistance at 2615 area.
SandP 500 E-Mini Futures D CME Updated 10/19/2017 Price had multiple touches on the sliding parallel, and is now dropping. As we had mentioned many times, price was hitting diagonal resistance. Price is touching the lower blue median line, so look to see if price will hold here or drop below and continue lower to the 2500 area.