Medianlines
SandP 500 E-Mini Futures 60 CME Updated 12/5/2016Price has started to fall after touching minor resistance near 2202 which also is near the upper median line parallel. Using a measured move with the yellow line, we can see price may drop to 2164 area if we continue lower on this first trend down. The multi colored tool you see is a Fibonacci retracement tool.
SandP 500 E-Mini Futures 240 CME Updated 12/5/2016Price is starting to fall on the upper pink median line after touching it at around 2203 area which was a prior minor resistance area from 11/22. Look to see if price will hold here and then you may see a drop lower eventually to 2100 area if we can get past 2175-80 and 2150 areas. The bullish possibility would be that price would break through 2203 and retest as support to go higher, but as we have seen such a high move up, I don't see that happening.
SandP 500 E-Mini Futures D CME Updated 12/5/2016Price has bounced off of the lower blue median line parallel. Look for price to hit the upper pink median line, and show if it is going to break down below 2175 and 2150 area,. I have added the minor support resistance areas on todays chart that are close to price.
SandP 500 EMini Futures 60 CME Updated 11/29/2016Price has dropped out of upward AR set, and is holding near 2112 the recent high. Look for price to break out of this consolidation shortly and show you where it wants to go. If it goes down look for 2180 and 2150 as first levels for potential support.
SandP 500 E-Mini futures D CME Updated 11/28/2016Price is still in new highs, looking for a retest of the 2181 area then possible the lower median line parallel, if price breaks down at all we could see a test of 2110 again, but if price continues to remain bullish it may go to next median line. My 4h chart frequency is saying that it may go down.
SandP 500 E-Mini Futures D CME Updated 11/28/2016Price has come up, broke resistace at 2191.50 area, and is stalling. Look for a retest of 2191 area to show what price will do. It may come back down to upper blue median line, then give a clue if it will continue to rise, or break the lower blue median line.