Emini Still Playing through our Fibonacci Grid Jan 3
Tue, Jan 3, 2:51 PM ET, by Corey Rosenbloom
Happy New Year! Here’s to a profitable start to your 2017.
Here’s today’s updated Emini (@ES) trading levels for your trades:
We had an end-of-year bullish reversal on positive divergences off our 2,227 level as price blasted higher to 2,260.
A failure at the midpoint sent price lower, collapsing through the 2,251 level back to where we are now at 2,238.
Use these levels as targets (to play TOWARD) and potential reversal points (to play AWAY FROM).
It’s simple but it’s effective, especially when combined with higher timeframe levels and the strategies we discuss.
If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!
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).”
SDI Glossary: "price" Definition
SDI Glossary: "Finance" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "Trend" Definition
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