Emini Plays the Fibonacci Levels like a Fiddle Aug 30

Aug 30, 2017: 1:16 PM CST

We finally got a breakout of our Fibonacci Grid!!!  Here’s today’s big update in price action.

Let’s chart today’s @ES Fibonacci Grid in play:

Emini @ES Intraday Trend Reversal

I highlight these levels develop a game-plan for the next trading day for our members.

Yesterday saw a gap-down to our 78.6% level (overnight) and a strong intraday rally back inside the highlighted range.

Today gave us a big breakout through 2,448 which set in motion a play UP toward our 2,457 level which is achieved right now.

For the rest of today, use 2,457 as your bull/bear pivot and play the departure from our target.

Come join us to learn these tactics (beyond this simple/quick update) and have an evening game plan you can use effectively for the next trading day.

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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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