No Really We are Back Inside our Emini Fibonacci Grid July 10
Mon, Jul 10, 2:11 PM ET, by Corey Rosenbloom
We’re baaaaaaack! And probably never, ever, ever leaving the Emini Fibonacci Grid.
That’s of course not true, but for now, we’re back within our grid!
Here’s today’s updated Emini (@ES) trading levels for your trades:
Believe it or not, we’re STILL within our short and intermediate term Fibonacci Grid.
The yellow “midpoint” highlight stretches from the 2,420 level to 2,432.
Price gapped down beneath the yellow (tight) range, reversing powerfully off 2,414.
Write down these levels and play the continued ping-pong between and slightly outside these levels.
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).”
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