Bulls Still Dominate the Highs Feb 15
Wed, Feb 15, 1:31 PM ET, by Corey Rosenbloom
The uptrend continues! And continues… and continues. And still continues even after yesterday’s pullback.
Here’s today’s updated Emini (@ES) trading levels for your trades:
We don’t have much to update and we don’t have key levels on which to focus until we get a pullback larger than 10 points.
For now, keep trading with the bulls while price is above the rising 20 EMA and focus on lower timeframes for better clarity and trade management.
This is a remarkable – but certainly not unprecedented – situation and it’s one we’ll likely remember for a while!
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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