We’re still seeing range action between our key short-term Fibonacci Levels in the Emini @ES.
Here’s today’s updated Emini (@ES) trading levels for your trades:
The gap-down this morning collapsed price away from the 2,370 level back toward the 38.2% level at 2,352.
At the moment, we’re seeing an initial intraday rally/reversal higher away from this key pivot for a second time.
Focus on these levels as you trade today’s session ahead of Wednesday’s big Fed Day.
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!
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Follow Corey on Twitter: http://twitter.com/afraidtotrade