A Morning Pullback from the Highs Emini May 9 Update

May 9, 2017: 10:29 AM CST

Back to the highs we go!  And then – this morning – back down away from them.

Here’s today’s updated Emini (@ES) trading levels for your trades:

Friday gave us a big bullish breakout of the short-term (highlighted) trading range above the 2,380 support pivot.

Yesterday gave us a pullback to retest the breakout at the 2,390 level with price gapping back to the high today.

Price is trading between simple levels – like 2,380, 2,390, and 2,400 – so keep these in focus as you continue to play the “toward” and “away from” style of game planning.

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!

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Corey Rosenbloom, CMT

Afraid to Trade.com

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