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!
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Follow Corey on Twitter: http://twitter.com/afraidtotrade