Medianlines
SandP 500 E-Mini Futures 60 CME Updated 2/10/2017Price has made new highs after retesting 2284 as suport. Look for price to come down to 2300 area and act as support and go higher to next median line. Price has formed a symmetrical swing ABCD pattern, so look for possible pullback here. Also near the 78.6% retracement to 127% extension.
SandP 500 E-Mini Futures 240 CME Updated 2/6/2017Price is trying to push higher above the middle median line, but we also have resistance right above at 2300 area. Look to see if we can break resistance, or if price will drop out of the fork to the downside. We have to break 2300 to continue in this bull trend. It looks like price may be running out of energy, but watch the next couple days.
SandP 500 E-Mini Futures 60 CME Updated 2/1/2017Not really a suprise to see that price came up and dropped on the nose at 2284 area. Price is now at the median line again, so look to see if price holds here or if it will drop below. Price is also at the 61.8 retracement level at 2284 and dropped, lo if we continue down look for a minimum of the 2252 area.