Medianline
SandP 500 E-Mini Futures 60 CME Updated 7/21/2017 Price has come down to the 2461 area to retest after hitting the sliding parallel as marked yesterday. Look for price to hold here going into monday and try to retest 2476 again. Price is starting to look a bit extended, but we do have a high chance to get to the upper median line eventually.
SandP 500 E-Mini Futures 60 CME Updated 7/18/2017Price has hit the sliding parallel after going to the median line and zooming through. This is considered a zoom retest, and we are now at minor resistance at 2360 which could turn into major resistance if we are not able to continue with the trend to the next sliding parallel. Look to be sure that price can continue the upward momentum, otherwise we may retest 2451 and 2443 areas.
SandP 500 E-Mini Futures 240 CME Updated 7/18/2017Price has hit resistance at the sliding median line parallel and also the median line. Look to see if price will hold here as support and try to continue higher to the next sliding parallel and the upper median line. If not, we may come back to hit the 2450-52 area and test support there.
SandP 500 E-Mini Futures D CME Updated 7/17/2017Price has broken 2450 area to the upside, and we are at a sliding parallel that has been touched many times before, so look if price can pivot off of this line and go higher to the next sliding parallel, or if we reverse and stay in a consolidation and energy coil.
SandP 500 E-Mini Futures 60 CME Updated 7/17/2017Price is at a new high area, as well as a new minor resistance line. Look to see what price does here, as it also had already touched the sliding parallel of the blue fork that is marked at the recent spike high. We may come down a bit from here to hit the 2451 or climb higher and break through the sliding parallel and retest as support and go higher.
SandP 500 E-Mini Futures 240 CME Updated 7/14/2017Price is now at minor resistance at the blue middle median line. I have added an upper and lower sliding parallel where I have noticed possible frequency points for future support and resistance. Watch to see if we are able to break 2450 area as well as the blue middle median line and retest as support.
SandP 500 E-Mini Futures D CME Updated 7/14/2017Price is at the top of the yellow fork, and also we have bounce off the blue lower median line. Look to see if price will hold here at resistance, or if we can break through and retest 2451 and go higher. If the market does come down look for 2400 as a possible support line again
SandP 500 E-Mini Futures 240 CME Updated 7/14/2017Price has show here that it may come down abit at the fork resistance. We also have good frequency on the sliding parallel line which is marked in pink arrows, to verify the fork. If price does decide to hold as resistance and drop a bit from here look for 2428 and 2417 as support. I would be watching closely the 2450 level as resistance as well. Price is trying to push higher, but we have to see if we will have enough momentum to break this sideways yellow fork and continue in the blue fork path.
SandP 500 E-Mini Futures 240 CME Updated 7/13/2017Price has come up off the retest of the blue median line to the upside as marked, and is now resiting at the top of the yellow fork. Look to see if price will stay here or try to hit 2451 before doing a smalll retracement. There is some buying on the 2440 area retest of the resistance, so see also if this holds
SandP 500 E-Mini Futures D CME Updated 7/13/2017Price has bounced off of the lower median line and the support at 2403. We are now trying to break 2450 area to the up side again to continue the trend. We must also break the yellow median line resistance to continue in this uptrend, so look to see if price can do that now.
SandP 500 E-Mini Futures 60 CME Updated 7/12/2017Price has broken the sliding parallel resistance now that has had multiple touches. We are now at the minor resistance area of 2427-28. Look to see if price can break this and retest as support to continue higher to a minimum of probably the 2435 area. We see buyers at the pink acrrow, so price should continue to rise.
SandP 500 E-Mini Futures D CME Updated 7/12/2017Price is still hanging on the blue lower median line. Look to see if price holds here and can continue rising. Price will probably rise forme here to at least 2443-2450 area to see if we can get past the resistance point. We will also see if the new pitchfork to the downside acts as resistance.