August 18 Emini Intraday Trading Levels Update

Aug 18, 2016: 11:12 AM CST

A short-term trading range for the @ES futures – similar to July – is repeating in August.

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

Here’s a reference guide of how to use and trade from these morning updates.

In the membership we’ve been highlighting the “Repeat Range” pattern (not seen in the chart above).

The main idea is that the July low-volatility intraday range environment is repeating now into August.

We had 2,185 and 2,175 as easy-to-remember range reference levels and so far they’re working well.

For the rest of today, use 2,185 as your bull/bear pivot level for trade planning.

Want these levels and additional analysis/strategy planning in advance each evening?

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

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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).

1 Comment

One Response to “August 18 Emini Intraday Trading Levels Update”

  1. Shoaib Says:

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