SandP 500 E-Mini Futures 60 CME Updated 5/17/2017Price has come down and reached the lower median line and also touched support at 2365. It looks like price will continue lower eventually to fill he gap as well. Look to see if price will break 2365 area and retest as resistance to continue lower to the lower WL1
Medianline
SandP 500 E-Mini Futures 240 CME Updated 5/17/2017 Price turned and rolled over near the 2400 area that we have been talking about for some time now. We are currently under the 2376 area and are possible to go lower to fill the gap from 2 weeks ago which was from the result of the French election. Look for the 2357 area and the 2336 area as possible support targets, but I have also drawn in the median line with the same spacing as above and below which is also the main potential target, which is marked with a blue arrow.
SandP 500 E-Mini Futures 60 CME Updated 5/15/2017Price has bounced on the WL1 as mentioned in last Fridays post onthe 60 minute time frame. We could see a continuation higher to retest the back of the lower blue median line, but watch closely this area to see if price will stall. I am thinking price will come bock down a bit to maybe the 2394-296 area before showing if it will continue, but one thing is for sure, that the WL1 line is a good support line.
AUDUSD Daily LongHi all,
AUDUSD is showing a possible long setup at around 0.730, do note that we have somewhat of an ugly bat on the chart
which I decided not to display due to C slighly extending A and PRZ D would be at 7225 which would invalidate this trade.
I recommend to observe the hourly chart should price hit 0.730 and search for reversal signals like double bottom + bullish divergence.
Good weekend
SandP 500 E-Mini Futures 60 CME Updated 5/12/2017Price has bounced on WL1, but is also showing resistance now at 2388 area. look to see if price can hold from here, or if it will continue turning over. if we go lower i could see 2361 eventually being touched, but 2377 is acting as major support at the moment.
SandP 500 E-Mini Futures 60 CME Updated 5/11/2017Price has dropped out of the up blue fork, and now is following the pink fork. Look to see if price holds at resistance 2389, and continues to drop. I am looking to see price go again down to 2375 area and eventually lower, but watching as price rolls over.
SandP 500 E-Mini Futures 240 CME Updated 5/11/2017Price has come down farther from the 2400 level today, and is currently trying to hold at the 2375 area and also the lower blue median line. I have added the downward pink fork, which is also aligned with the upward blue fork and has shown good symmetry. Look to see if the low of the action reaction set will hold.






















