Emini Dropping Lower in our Fib Grid July 6

Jul 6, 2017: 11:01 AM CST

Even with today’s morning drop, the @ES remained within the Fibonacci Grid we’ve held since June began.

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

Believe it or not, we’re STILL within our short and intermediate term Fibonacci Grid.

The yellow “midpoint” highlight stretches from the 2,420 level to 2,432.

Price gapped down beneath the yellow (tight) range this morning, reversing powerfully off the 2,414 pivot like that of June 9th.

Focus on the overlap pivot just above 2,420 for today’s “make or break” bull/bear pivot.

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!

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Corey Rosenbloom, CMT

Afraid to Trade.com

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