SandP 500 E-Mini Futures D CME Updated 7/3/2017Price has come up from 2400 support and the lower median line and is now trying to push higher. Look to see if we can break 2443 as resistance.
Medianlineset
SandP 500 E-Mini Futures 240 CME Updated 7/3/2017Price is at a minor resistance area at 2429. Look to see price to possibly break through this and retest and go higher, or to 2440 area, then see if price can hold there or not. Price could also reverse here, but seeing as today is before a holiday, the market psychology will probably be bullish.
SandP 500 E-Mini Futures 240 CME Updated 6/30/2017Price has dropped hard from hitting the resistance zone near 2440-2445. We have broken support at 2418 area, but held at the 2400 area, Look to see if price continues to drop below 2400 we should see a further downward move. Price seems to be consolidating at the moment between 2400 and 2450 area.
SandP 500 E-Mini Futures D CME Updated 6/30/2017Price has dropped down to the 2400 area, and is now coming back up and retesting the lower yellow median line. Look to see if price can hold here and rise again, or if we are going to consolidate and fall out of the fork. We must break 2450 to continue.
SandP 500 E-Mini Futures 60 CME Updated 6/30/2017Price hit the upper median line and dropped almost to the lower median line, but stopped at the 2402 level. These are all areas that we had mentioned in prior charts as possible resistance and support. Now we are coming back up to minor resistance around 2427. Because of the volatility, we may go a bit higher than this before holding as resistance, but this sell off yesterday may continue to push price lower eventually.
SandP 500 E-Mini Futures 60 CME Updated 6/29/2017Price has comeback up from the support area near 2417, as mentioned the past few days as possible support, and is now again at resistance at the top of the yellow Andrews Pitchfork. Look to see if price will continue to show resistance here, or if we can see a break of the fork to the upside with a possible retest of the upper median line to the upside. At this point, these are the two scenarios I see.
SandP 500 E-Mini Futures D CME Updated 6/29/2017Price has bounced off of the lower yellow median line and is rising higher. Look to see if price will continue following through to the upside past resistance here around the 2440-2450 area. We must continue higher, or we will consolidate here and fall out of the fork eventually.
SandP 500 E-Mini Futures 240 CME Updated 6/29/2017Price hit support and the lower blue median line around 2418. We are now again at resistance around the 2441 area. Look to see if price can break 2441 or 2451 and retest as support, otherwise we may just be consolidating.
SandP 500 E-Mini Futures 240 CME Updated 6/28/2017 Price is following both forks nicely. Look to see if price continues. higher after this large bounce on the lower median line. Look to the blue median line as and the yellow WL1.
SandP 500 E-Mini Futures D CME Updated 6/28/2017Price has come down again to touch the lower median line parallel, and we now have a lorge bar that could be engulfing, which is bullish. Look to see if price will continue up from here or if we may still go down to retest 2400 area.
SandP 500 E-Mini Futures 60 CME Updated 6/28/2017As mentioned yesterday, I had said that we could see a retest of the 2417 areas as a possibility. Price is now bouncing off of the 2417 area and is at possible resistance here at the median line. I think price may drop here or continue up a little bit more to 2428 before possibly falling again.
SandP 500 E-Mini Futures 60 CME Updated 6/27/2017Price is showing even better frequency now that the drop came in at the upper median line as marked. Look for price to continue in this path of price. If price continues lower we should see a retest of the 2428 and the 2417 areas.
SandP 500 E-Mini Futures D CME Updated 6/27/2017Price is resting again on the marked sliding parallel. Price must continue to rise, or we are going to consolidate and possibly fall to test 2400 again.
SandP 500 E-Mini Futures 240 CME Updated 6/27/2017Price is following two paths of force with both of the median lines coming together at this time. Look for price to make a move soon as WL1 and the sliding parallel are converging.
SandP 500 E-Mini Futures 240 CME Updated 6/26/2017I drew in an alternative view today of the up fork that is showing good frequency today. Price has had multiple touches on the sliding parallels of this pitchfork modified schiff median line. I am still considering also the regular median line in dashed yellow, as a potential break and retest of WL1 to continue higher.
SandP 500 E-Mini Futures D CME Updated 6/26/2017Price is starting to show momentum up after hitting the sliding parallel. Look to see if price will continue up and try to take out recent highs near 2450.
SandP 500 E-Mini Futures 60 CME Updated 6/26/2017Price has come up after hitting the 2427 area and is near the upper median line parallel. Look to see if price will hit resistance near this band and drop or not.
SandP 500 E-Mini Futures 60 CME Updated 6/23/2017We are slowly coming down along the path of the downward pink fork on this time frame. Look to see if we have any movements showing resistance or support on this fork. Price is in a consolidation between 2451 and 2417.
SandP 500 E-Mini Futures D CME Updated 6/23/2017Price is still stuck on the sliding parallel as support. Look to see if we can continue up or if we will drift down towards 2400 area.
SandP 500 E-Mini Futures 240 CME Updated 6/23/2017Price is still consolidating in this area, not really soure what to do. Look for a break either way above 2440 or below 2426.
SandP 500 E-Mini Futures 240 CME Updated 6/22/2017Price is holding here at 2427 area. Look to see if price continues to hold and rise. If we fall look for 2418 and 2402 area as possible support. Above look for 2477 area around WL2 as possible resistance.
SandP 500 E-Mini Futures D CME Updated 6/22/2017Price is resting on the sliding parallel that has been tested multiple times. Price must climb again from here or we may start to see more weakness. If we drop look for 2400 level again.
SandP 500 E-Mini Futures 60 CME Updated 6/22/2017Price has come down and hit the median line multiple times. and is now bouncing off as support as well as hitting the middle resistance point near 2427.
