The Emini Election Day Surge Simply Continues
Tue, Nov 8, 1:21 PM ET, by Corey Rosenbloom
It’s Election Day in the USA and the stock market rally continues in full force!
Here’s today’s updated Emini (@ES) trading levels for your trades:
First, take a look at Thursday’s update for the larger Fibonacci Grid and our 2,080 target. Perfect planning.
Next, read these quotes from our premium membership planning report:
“We’re actually going to make an aggressive BULLISH BOUNCE forecast going into Friday’s session, mainly because we’re seeing price achieve our Fibonacci Target (I posted yesterday and to blog readers this morning) into 2,080. That’s also the rising 200 day SMA (see Daily Chart) and we’re seeing POSITIVE DIVERGENCES (see right side of chart) into this support pivot.”
It began Friday, retraced to the lows, and now Monday morning we are seeing our strong bullish surge.
Members have the inside track to these turning points ahead of the blog – so join us!
We’re back to the range highs from late October just under the 2,150 @ES Level.
Note the new yellow highlights and continue to monitor the market and election results as they develop.
Want these levels and additional strategy planning in advance each evening?
Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Afraid to Trade.com
Follow Corey on Twitter: http://twitter.com/afraidtotrade
Corey's book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).
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