SandP 500 E-Mini Futures D CME Updated 9/18/2017Price has risen and is currntly moving along the retest of the lower blue median line parallel, and is close to the upper action rection set line. Look to see what price does between now at 2502 and 2510-15 to see if price will continue up or start to drift down. I do think we should see price drift down eventually to 2450 and 2400 again.
Medianline
BTCUSD Just a pullback?I think this is still a pullback. Usually false breaks happen within a 1.125% extension of the previous range.This low was broken within at least a 1.25% and this catalogs this break as a real break and not just like a possible false break.
Let's see how this plays out.
Enjoy.
SandP 500 E-Mini Futures 240 CME Updated 9/14/2017 Price has broken up past the blue middle median line. Look to see if price can continue its upward momentum. I am expecting a small pullback to the middle blue median line or to 2480 to act as resistance, before possibly going higher. We are at all time highs, and a psych level, so I would not be surprised for volatility in this area.
SandP 500 E-Mini Futures 240 CME Updated 9/12/2017Price has risen and broken 2480. I have removed the down fork and have added the larger up fork. Look for price to show you if it will continue higher from here, or break down at the resistance level of 2488. If we break down look for support at 2480 and the 2475 area.
SandP 500 E-Mini Futures 60 CME Updated 9/11/2017Price has broken the downward fork, but still hasn't made a new high yet, so I will still leave it in the downward fork. Price is now at 2474 area, and is turning. Look to see if price fills the gaps, or breaks higher and tries to break 2480 and 2488.
SandP 500 E-Mini Futures D CME Updated 9/11/2017Price has slowly come up to the 2480 level again, after hitting the 2450 area as support. Look to see if price will break the 2480 resistance level, or if it will stop here and break down again. Price has broken out of the large blue median line, and is following the path of the upward sliding parallel, so it appears that price should try to touch the upper line near 2500 if we break out of the 2480 area. If we break down 2400 would be an area to look at also for support.
SandP 500 E-Mini Futures 240 CME Updated 9/8/2017 Price has broken down, and gone back into the down ward sloping pink fork. Look to see if price can break 2450 and continue, and provide a retest of support as resistance. If not, we could see 2450 act as support again, and have new buyers try to come in and push price higher.
SandP 500 E-Mini Futures D CME Updated 9/8/2017Price is coming off of the resistance line near 2480. Look to see if price will continue further down to the lower parallel channel, and see if price could possibly break it, as it seems that the current bar is pointing prices lower. If we break down look at the 2400 level as possible support, as well as the lower parallel channel line.
SandP 500 E-Mini Futures 240 CME Updated 9/7/2017 Price has started to rice higher looking to try to break 2461 and 2480 resistance. Look to see if price can work its way higher, or if we will hold as resistance here and continue dropping. We are in a consolidation point here. Look to see if price wil break 2450 or 2480.
SandP 500 E-Mini Futures D CME Updated 9/6/2017Price is now fallen again off of resistance around 2480, and has landed at 2450. Look to see if price can hold here and try to break again. If not, we should eventually either retest the blue median line again on the back, or break down lower under 2450 to go to 2400 again.
SandP 500 E-Mini Futures D CME Updated 9/1/2017Price has risen after hitting the sliding action reaction set parallel and is now at prior resistance near 2480. Look to see what price does here. It has come up and done a retest or a switch back of the broken lower blue median line. Price often does this with median line breaks, so see if price stay below the lower blue median line.