SandP 500 E-Mini Futures 60 CME Updated 5/15/2017
Price 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.