Emini Breaking Through our Fibonacci Grid Update

Bycjrosen

We’re still within the trading range and price is still reacting to our short-term @ES Fibonacci Grid.

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.

Here’s a direct quote from last night’s short-term strategy planning for members:

It’s possible that we’re now seeing a ROUNDED REVERSAL or ROUNDED ARC pattern take place in the intraday frame.

If so, the next eventual move would be a swing down away from (under) the 2,160 level toward 2,145 in the @ES.

Be on guard for this bearish development.

At the moment, that’s exactly what’s happening with the current rejection (reversal) at our 2,172 target and now breakdown under 2,160 as planned.

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

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Corey Rosenbloom, CMT

Afraid to Trade.com

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