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Market Geometry

SandP 500 E-Mini Futures D CME Updated 7/10/2017Price is at a decision point here on the blue fork. If we do decide to break down look again at 2400 and 235 area as possible targets. If we go up, look to the sliding parallels as marked as possible resistance points. 2450 is starting to show itself as a resistance point that needs to be broken to the upside. Look for possible ranging and energy coiling now as we enter soon into August. I have drawn a downward fork to show what price may do if we break out of the blue fork.
CME_MINI:ES1!
by eaglestar
Stellar Surge [Market Geometry/EW]• STRUSDT is re-gaining some traction as it bounced off of the 0.236 retracement and the orange support line ($0.0248) . Looks like it’s retesting the yellow resistance line ($0.0292) of the channel, and if broken it could continue onward to test the green support line and the 0.382 retracement level ($0.0346) ; as it did on wave B to C of the correction wave. It has also broken the short-term downward trend and could yield a very nice profit opportunity on a long position. If risk management is used correctly. There are 3 take profit zones (1: $0.0528, 2: $0.0664, 3: $0.0823) at each of the higher Fibonacci levels. Depending on how risky the trader is he/she might want to wait until a downtrend presents it’s self near the take profit levels indicating a confirmation of a trend reversal or use trend reversal patterns to determine if a reversal is imminent. If however the yellow resistance proves strong , and it falls down to the orange support line or the 0.236 retracement , we could see a retest of the support . If candle closes below the support, it is recommended exiting your position and buying in lower at the red support line. Each ‘Take Profit’ zone has been labeled #1-#3 ; as well as a zone where you should exit the trade or set your stop/loss to a bit under it and buy back in once solid support is met at the red support line. • Aroon : Aroon Down (White) line has been zig-zagging up and down indicating the trend could be reversing soon and the market is unsure of which way it wants to go, the Aroon Down line is currently above the Aroon Up (Blue) line meaning there is a downtrend, however the Aroon Down line is not above 70 meaning the trend is not very strong and starting to exhaust itself. • Godmode : The white line is approaching the blue line while moving upward, indicating a potential buy opportunity when the white line is about to touch the blue line; it also indicates an uptrend as the next move. The blue line is above 30 indicating the downward trend is almost exhausted . Caution dots appeared at 20 also indicating there is support from beneath trying to push it back up . • Fibonacci Arcs : Act as curved support and resistance lines. Thin lines are weaker , while thick lines are stronger. • Buy: $0.0260 • Sell: 1: $0.0528, 2: $0.0664, 3: $0.0823 • Stop/Loss: $0.0205/0.0230
SLong
by Godly
1
ETCUSDT Short-term Bear Run then Bull RunIf breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and see if 2 candles close below it back-to-back, if closes below it safe to assume will continue retrace to 0.318 support.
Short
by Godly
2