Coming Down from the Highs Emini Update Nov 16

Nov 16, 2016: 12:07 PM CST

Though not stellar so far, price is pulling down away from the 2,180 @ES pivot.

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

We saw a shallow, sideways pullback after a series of negative divergences, though buyers found support and acted at the 2,155 @ES Level.

From there, we had the triangle breakout toward 2,180.

For today, we’re trading the pullback or price weakness away from 2,180 and will monitor price there.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Coming Down from the Highs Emini Update Nov 16”

  1. Mohsin Says:

    The trend seems to be very hot there, I guess it’s always wise not to get in when the trend has already been on peak, but at the same time, it’s sort of advantage where you don’t mind giving it a try especially if you are having tight stop, but like said you need to be wisely doing it all. I get it all working in order thanks to OctaFX broker and their beautiful setup including small spreads from 0.1 pips, 50% bonus on deposit plus a lot more, it’s simply all so great to work with!