Emini Heading Toward the Highs March 16 Update

Mar 16, 2017: 1:46 PM CST

After yesterday’s Fed Day, stocks surged back toward the prior high, breaking their Fibonacci Grid.

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

For a bit of context and extra planning, see yesterday’s “S&P 500’s Fourth Successful Bull Flag in Motion” post.

We’re still monitoring the bullish action emerging from the breakout above 2,370.

Note the Neutral and then “Alternate Thesis” breakdown bearish pathway beneath 2,370.

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

Follow Corey on Twitter: http://twitter.com/afraidtotrade

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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