Medianline
SandP 500 E-Mini Futures 240 CME Updated 8/21/2017Price has started to show a large candle here to the up side, we may have a pause here at the convergence of the blue warning line 1 and the support line at 2417.50. Look to see if price rises a little from here to the sliding parallel or 2440 area before hitting resistance again.
SandP 500 E-Mini Futures 240 CME Updated 8/18/2017Price hit the upper median line again and dropped sharply to the middle median line again as I had mentioned as a strong possibility if we could not get above 2477. Look to see if price holds here at the middle median line as support. If price breaks through here, price willl continue to the pink lower median line. I think price should come up to at least 2440 to test resistance first.
SandP 500 E-Mini Futures 60 CME Updated 8/18/2017Price broke down after hitting 2474 area as well as warning line 1. We are now under the lower pink median line, and showing frequency to the downside. After such a large move to the downside, look for price to retrace a bit up maybe to 2439 area to test resistance there. Price has dropped, as I had mentioned in my previous posts to look for.
SandP 500 E-Mini Futures 60 CME Updated 8/16/2017Price has risen off of the test of the upper median line, and retested warning line 1 on the blue fork as well as hit the warning line 1 on the pink and formed a possible double top formation as well around 2475. Look to see if this area holds as a possible resistance area here.
SandP 500 E-Mini Futures D CME Updated 8/14/2017Price has broken the large blue up fork, and we are now retesting the break. Look to see if price can hold here at resistance, and continue further down. I am thinking because of the large down bar last week that we do have a chance to break down farther to 2400.
S&P 500 FUTURES 240 CME Updated 8/10/2017Price has dropped as predicted along the pink median line fork after a spike above. Look for price to continue eventually to the middle pink median line. We should have a brief retracement here up to test the sliding parallel as marked this resistance band should be strong enough to hold for a little while before continuing down.
SandP 500 E-Mini Futures 60 CME Updated 8/9/2017Price hit WL2 and fell which is not supprising as it has hit before and with good reaction. We have now dropped back into the downward pink fork and are following the frequency there. I would not be suprised if price wint up to the blue WL1 and then fell more perhaps to 2450 or lower