Bouncing Between the Fibonacci Levels Emini Update June 21

Jun 21, 2016: 12:24 PM CST

Despite yesterday’s large bullish up-gap, price bounced between our Fibonacci Grid as seen below.

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

First, take a look at the analysis and planning from yesterday’s morning update – it was the correct analysis.

Price moved “down away from” the 2,087 level toward the 2,074 pivot and then rallied.

We’re trading the movement between (or away from) these short-term Fibonacci Levels according to our grid.

Want these levels and additional analysis in advance each evening?

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

Afraid to Trade Premium Content and Membership

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).

2 Comments

2 Responses to “Bouncing Between the Fibonacci Levels Emini Update June 21”

  1. How to Use Our Daily Emini Fibonacci Planning Posts | Afraid to Trade.com Blog Says:

    […] “Bouncing Between the Fibonacci Levels @ES Update June 21st” […]

  2. Ausaf Says:

    It’s definitely good opportunity by looks of things, but to have safe side is obviously helps in remaining calm and relaxed, I do just that ever since I have joined up with OctaFX broker and that’s especially to do with their mighty rebate program where I am given 50% back on all trading orders which is includes even the losing trades too, so that’s why it’s pretty useful and leads up to great benefits for me in every way which allows me to perform nicely.