December 2 Emini Fibonacci Retracement Grid Update

After an initial bounce just above our official Emini Fibonacci Target, price appears to be trading back toward our target level.

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

Traditional odds strongly favored a pullback and that’s precisely what we’re seeing.

The initial target is the 2,182 pivot and if the retracement picks up steam from there, we’ll be playing toward 2,160.

I’ll have more details and precise planning for members – join us and make the rest of your 2016 more profitable!

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Corey Rosenbloom, CMT

Afraid to Trade.com

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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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One Comment

  1. It will be interesting to see how far it goes, I always follow this lovely blog and there are always so many good articles and updates coming which brings plenty of rewards too. I always trade with freedom because of my broker OctaFX, as they are special case with having steady spreads from 0.1 pips to high leverage up to 1.500 plus there is marvelous rebate scheme that gives me 50% back on all trades even with losing one too which makes it so good!

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