SandP 500 E-Mini Futures 240 CME Updated 8/21/2017Price has started to show a large candle here to the up side, we may have a pause here at the convergence of the blue warning line 1 and the support line at 2417.50. Look to see if price rises a little from here to the sliding parallel or 2440 area before hitting resistance again.
Trendlineset
SandP 500 E-Mini Futures 60 CME Updated 8/17/2017 Price has hit the warning line 1 and is breaking down and flowing with the angle of the fork. Look to see if price can break 2463 hard and retest as resistance. Price may fall back into the fork, and then show another move back to the middle median line.
SandP 500 E-Mini Futures 60 CME Updated 8/16/2017Price has risen off of the test of the upper median line, and retested warning line 1 on the blue fork as well as hit the warning line 1 on the pink and formed a possible double top formation as well around 2475. Look to see if this area holds as a possible resistance area here.
SandP 500 E-Mini Futures 60 CME Updated 8/15/2017Price has hit warning line 1 and he has come down to retest the upper median line parallel. We have just made a V formation, so look to see if we wil continue down or hold here. Price has started to make lower lows and showing weakness, so lets see if price will stay under the 2477-2480 area.
SandP 500 E-Mini Futures 240 CME Updated 5/10/2017Price is near the resistance zone of 2388-2400. Price has come down from 2400 and is trying to hold at 2388 to go higher. Look to see what we do in the next couple days. I need to see price either break 2400 and retest as support, or price break the 2388 and 2375 area to signal a short fade opportunity.
SandP 500 E-Mini Futures 240 CME Updated 5/9/2017Price has stalled at 2400, and is starting to come down. We have hit a minor sliding parallel, and we will see if price can try to come back up to 2400 to test again. Loo to see if 2388 will be tested and broken as well. Price needs to make up its mind in this area.
SandP 500 E-Mini Futures 60 CME Updated 4/28/2017Price has come down to prior mild support near 2379 area, and is now hitting the sliding parallel support as well. Look to see if price will rise a bit then come down to fill the gap. Price is looking drowsy after its big move up, so I would not be surprised to see this happen.
SandP 500 E-Mini Futures 60 CME Updated 4/24/2017Price has gaped up over the weekend and has hit the median line at 2375. I switched back to the regular down pink fork to see if price would show frequency on the warning line 1. Price should drop here to the sliding parallel, or fill the gap between 2356 and 2343. Look to see if price shows support on the sliding parallel it could give an entry opportunity.
SandP 500 E-Mini Futures 240 CME Updated 4/17/2017Price has started to com up after touching near prior support around 2320. Look to see if price continues lower from here, or is able to break the downfork and go higher. I am thinking that price should hit the median line, but as I said before, price has to break tho prior low to have more momentum to drop.