Amazingly We Still Trade Within Our Emini Fibonacci Grid April 18

Apr 18, 2017: 11:10 AM CST

Yesterday saw price rally up away from our 2,329 level toward our key 2,345 level and today gives us another fall down away from 2,345 toward 2,329.

It’s simple yet it’s incredibly effective in framing your game plan and trading your intraday swings.

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

As we continue to highlight to members, price remains within our Fibonacci Boundaries as shown above.

Just like yesterday, the key focal points include the 2,329 support target (where we are now) and the overhead resistance at 2,345 (where we closed yesterday).

Focus on 2,329 now and the lower level toward 2,312 that opens up should sellers crack the market beneath 2,329.

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

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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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