Medianline
SandP 500 E-Mini Futures D, CME Updated 3/30/2017Price has come up after touching the sliding parallel. We are near a possible slanted resistance Action Reaction line, but it has to be validated on the next touch to signal a possible bearish continuation in the next weeks. Look to see if 2389 and 2400 can be touched and broken through. If we break those, then you can see a possible continuation to the next sliding parallel or the middle blue median line. If we break down on the upper slanted action reaction line, then you may see 2190 area in the next few weeks.
SandP 500 E-Mini Futures D CME Updated 3/29/2017Price has stopped on the sliding parallel momentarily as predicted in previous posts. Look for price to see what it will do here at 2350. I wouldn't be surprised if we go back up to try to couch the 2389 minor resistance at this point, but price looks like it may try to range.
SandP 500 E-Mini Futures 60 CME Updated 3/28/2017Price has turned again on the sliding parallel as mentioned yesterday. We should see price stop at 2332 or 2318 area probably as this resistance seems a bit week, but if it breaks the middle median line and shows a lot of resistance we should be able to get to the bottom median line.
SandP 500 E-Mini Futures 60 CME Updated 3/27/2017Price has reversed again at the bottom sliding parallel line. I am looking at possible resistance points on 2337 and higher as marked. We do have 3 drives to the bottom possibly and a double bottom here at 2317 so we need to be sure we make more lows to gt to the bottom of the pink median line.
SandP 500 E-Mini Futures 240 CME Updated 3/27/2017Price has come down as predicted after hitting the upper sliding parallel. Price recently hit minor support near 2320 and we are at the middle median line parallel. Look for price to continue dropping perhaps to 2300 if we hold resistance here. 2338 May also be hit and tested as resistance as well.