Emini Divergent Reversal at the Highs Nov 10

Nov 10, 2016: 12:13 PM CST

Additional bullish price action after the election sent us to our prior high target into 2,170.

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

Negative momentum and Breadth (Market Internal) divergences INTO this resistance area gave us pause.

Ultimately price reversed down away from the 2,170 target (discussed with members last night) and we’re monitoring the ongoing intraday action.

It’s a fast-moving market so watch your positions closely and adjust to the volatility.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Emini Divergent Reversal at the Highs Nov 10”

  1. Jackie Says:

    It will be interesting to see where things go from here, so that’s why we need to make sure we work out everything. I trade with OctaFX broker where I can easily trade through any style/technique which includes scalping, hedging, news trading and even EA is possible, so all this is what makes them such a treat to work under and really helps big time. Also, it’s easier with lovely daily market news and analysis service which is highly effective.