Price has started to drop to former resistances at 2191 area. Look what it does there to show you if it will continue lower or go up. I have highlighted 2 possible outcomes in arrows.
Price has stalled near 2211. We need a break of 2201 and 2192 area to start a bearish downtrend. If this happens, look for a possible sell opportunities if price can start moving with energy.
Price is hitting the upper median line parallel. It looks as if it may hold, but price need to break under 2197 for me to change to a bearish sentiment. Consider this level going forward as a signal for a possible turning point.
Price has continued to stall here near all time highs. We need to see a break of recent high at 2211 to continue a bullish trend, otherwise look for price to come down to 2191 area 2165 and 2110.
Price has dropped out of upward AR set, and is holding near 2112 the recent high. Look for price to break out of this consolidation shortly and show you where it wants to go. If it goes down look for 2180 and 2150 as first levels for potential support.
Price has dropped out of upward triangle, looking now to see if it retests the upper median line with frequency to see if it has a potential to drop to middle median line around 2100 level. Lets see.
Price is still in new highs, looking for a retest of the 2181 area then possible the lower median line parallel, if price breaks down at all we could see a test of 2110 again, but if price continues to remain bullish it may go to next median line. My 4h chart frequency is saying that it may go down.
Price has broken the upward AR set and is falling from a new high created at 2212. Look for price to fall to the important base at 2153 area if it can break 2181.
Price has broken the lower trend line on a rising triangle pattern. Look for retests of the upper pink median line to consider possible lower price movement. If price does swing down, look for 2106 area as a possible first target.
Price has come up, broke resistace at 2191.50 area, and is stalling. Look for a retest of 2191 area to show what price will do. It may come back down to upper blue median line, then give a clue if it will continue to rise, or break the lower blue median line.
Price is making new highs as we travel up on the AR set. Look for a break of the upward set or a rise above the center line.
Price is in rising triangle, I am thinking there may be a break to downside, but price will tell.
SandP is making new highs and has broken resistance near 2192 and is heading higher. Look for price consolidation soon.
Price is coming to rest on the upward trendline AR set after it has hit 2200 even. Look for this line show you what price will do.
Price is stalling near 2200. Price is lining up with the downward pitchfork, which is also an action reaction set as noticed by the touches on the tail. I think we should see a down move retrace shortly. See what price does when it touches the upper median line near the blue arrows.
Price has come up a little above 2200, and is now pulling back. Look what price will do in the next few days to give idea for longs or a retrace. I added a new sliding parallel that is holding as temporary resistance.
Price has come up to 2200 area, lets see if it holds as resistance here, or goes higher.
Price is going in an uptrend with dropping now at 2200 level, and lets see if it goes below 2183 and 2173, or continues in up AR set.