Price has broken up past the blue middle median line. Look to see if price can continue its upward momentum. I am expecting a small pullback to the middle blue median line or to 2480 to act as resistance, before possibly going higher. We are at all time highs, and a psych level, so I would not be surprised for volatility in this area.
Price is still at the retest of the break of the lower blue median line parallel. Look to see if price will come back down to 2480 and hold as support, or go up to hit the upper action reaction set line.
Price has continued to rise but is having trouble breaking the retest of the back of the lower median line. Look to see if price can continue higher from here, or if we go back to retest 2480 which I think we should do today.
Price has risen to the upper resistance level and the back of the median line. Look to see if price will come down a bit today as we are at the back of the median line which can act as resistance and the resistance line confluence.
Price broke resistance higher to be near the high resistance point of 2488. Look to see if price pulls back a bit from here to the median line, then see if it acts as support.
Price has broken the downward fork, but still hasn't made a new high yet, so I will still leave it in the downward fork. Price is now at 2474 area, and is turning. Look to see if price fills the gaps, or breaks higher and tries to break 2480 and 2488.
Price has slowly come up to the 2480 level again, after hitting the 2450 area as support. Look to see if price will break the 2480 resistance level, or if it will stop here and break down again. Price has broken out of the large blue median line, and is following the path of the upward sliding parallel, so it appears that price should try to touch the upper line...
Price is at resistance at as it has gapped up over the weekend to 2474 area. Look to see if price will hold here at resistance or finally try to break 2480 hard, and again try to retest the middle blue median line again.
Price is coming off of the resistance line near 2480. Look to see if price will continue further down to the lower parallel channel, and see if price could possibly break it, as it seems that the current bar is pointing prices lower. If we break down look at the 2400 level as possible support, as well as the lower parallel channel line.
Price has broken down after hitting the sliding median line and going lower. Look to see if price can break 2456 hard and then 2450 area. We may come to retest the blue median line and pink median line energy point before going lower.
Price has found some support at 2450. We are looking to see if price will climb and break the 2480 area to see if it will try to reach towards the top of the parallel channel again. If it breaks 2450, look for a test of 2400 and possible break lower.
Price has started to rice higher looking to try to break 2461 and 2480 resistance. Look to see if price can work its way higher, or if we will hold as resistance here and continue dropping. We are in a consolidation point here. Look to see if price wil break 2450 or 2480.
Price has hit the median line parallel, as well as the blue middle median line, and has dropped into the pink median line again. Look to see if 2460 acts as resistance, if now, we should see a continuation higher following the blue median line again.
Price is now fallen again off of resistance around 2480, and has landed at 2450. Look to see if price can hold here and try to break again. If not, we should eventually either retest the blue median line again on the back, or break down lower under 2450 to go to 2400 again.
Price has bounced off of the lower median line, and is now following the next sliding parallel above it, as well as bounced off of the 2450 area. I drew in the pink down pointing median line to see if we have any resistance on it.
Lowering volumes, descending volatility, round level nearby... I'd buy at some cheaper price, not now
Price has gone up to test the blue middle median line. Look now to see if price will retrace from here as it is also at the sliding parallel of the spike bar, and near major resistance of 2480.
Price has risen after hitting the sliding action reaction set parallel and is now at prior resistance near 2480. Look to see what price does here. It has come up and done a retest or a switch back of the broken lower blue median line. Price often does this with median line breaks, so see if price stay below the lower blue median line.