Fibonacci Fanfare for October 11 Emini Level Update

Oct 11, 2016: 10:01 AM CST

Our Fibonacci Levels work.  Be sure you’re using them and overlaying them on your Emini Charts.

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

Here’s a reference guide of how to use and trade from these morning updates.

As I highlighted to members last night, a move under our 2,156 level (a “failure to hold support”) opens a rapid sell-pathway lower toward the lows at 2,139.

At the moment, that’s 100% exactly where we are.

Use 2,139 as your support pivot with a bullish bounce bias above and bearish sell-pathway beneath.

Want these levels and additional strategy planning in advance each evening?

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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).

1 Comment

One Response to “Fibonacci Fanfare for October 11 Emini Level Update”

  1. Esther Says:

    It’s great to work through Fibonacci levels because it’s so much easier to do trading through it while we just need to make sure we still keep good money management in place in order to work it out. I do just that and it’s so much easier for me through broker like OctaFX which is first class offering gigantic bonus up to 50% which is also use able, so that’s why I am able to perform so nicely and it brings a lot of profits to me in every way.