Emini Forms a New Range at the Highs May 2

May 2, 2017: 1:57 PM CST

We have a new short-term trading range at a key support level beneath the high.

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

The powerful bullish surge took us back toward our 2,400 target but the last few trading sessions formed a range.

We’re playing the short-term highlighted range just above the 2,380 Fibonacci and Price support pivot.

As we go into Wednesday’s Fed Day session, note these levels (2,380 and 2,390 for simplicity) and get ready to trade the departure from this key 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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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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