SandP 500 E-Mini Futures 240 CME Updated 8/29/2017

Price has gapped down to the median line, after hitting the sliding parallel and 2450 resistance confluence. Look for price to rebound momentarily here at support, before potentially dropping below the middle median line, retesting, then dropping further as a potential drop continues. If we go higher than 2450 for some reason look for 2461 and the upper median line as resistance. If we break down through the median line, look for 2375 as a potential area eventually to see support.