SandP 500 E-Mini Futures 240 CME Updated 11/16/2016Price is still hanging near the resistance area between 2172 and 2183. Look for price to see if it will break the white trendline up for a pullback, or will go through resistance near 2183 and go higher. I think price needs a rest, and will come back down a bit, but price will tell.
Medianlines
SandP E-Mini Futures 60 CME Updated 11/15/2016Price is breaking above the yellow fork, and is running along the minor up sloping blue fork. If we are going to continue up, look for price to break this area. We are at a decision point on what price will do. If resistance holds, and we break down, look for 2150 then 2130 and 2100 area.
SandP 500 E-Mini Futures 60 CME Updated 11/14/2016Price is holding today at suport near 2150 which has been a level very important for a while now. Look to see what price does when it hits the upper yellow median line parallel again to see if we will break 2150 or continue up. Median line target of 2092 area still in play. Notice also the pink down sloping fork which may come into play now and into tomorrow.
SandP 500 E-Mini Futures D CME Updated 11/14/2016Price is still stalling at resistance near 2165-2191. Look for price to decide in the next few days what it wants to do. I have drawn in a potential sliding parallel to see if price holds here, hich then could be traded off of. We have another energy point coming as marked with blue down arrow.
SandP 500 E-Mini Futures D CME Updated 11/11/09Price hit the previous resisntance near 2166-2191 and has started to come down and is resting on the lower blue median line parallel. I am looking to see if this holds, or if it breaks down to the upper pink median line and will fall into the down fork again.
SandP 500 E-Mini D CME Updated 11/9/2016Markets have had erratic behavior today and last night as news that the voters have elected Donald Trump as their president. Price fell about 125 points to around 2028 which was also prior hidden support, before rallying back up to today's high near 2160 and previous resistance from September and October. Look for price to halt here or if prices move up a potential run back up to 2191 in the next few days, but be wary of entering any positions for several days.
SandP 500 E-Mini Futures D CME Updated 11/8/2016Price is rising up to the energy point which is circled in yellow. This is an area where to lines or forks meet that can give a big move and act as point of support or resistance. Depending on Election Results we should get a very strong move in the next day.
SandP 500 E-Mini Futures 60 CME Updated 11/7/2016Price has gapped higher and is now following the middle median line frequency nicely. Look for price to continue its upward momentum to 2125 2144 and 2149 areas before retracement. A new low was made as well around 2079 which was a number we were looking at on the previous charts and the last swing and major fork which I have added in yellow.
SandP 500 E-Mini Futures 240 CME Updated 11/7/2016Price has gapped up above the median line, so if price holds look for it to go up to 2125 area to show what it will do. Price has also completed a measured move of AB=CD so this retracement was predictable, and was predicted on my charts last week on the 240. Look for price to break below the middle pink median line at around 2100 later this week for continued downside momentum if possible.