Flailing within the Fibs Emini Update March 13

Bycjrosen

After gapping higher Friday, stocks stalled beneath our key short-term Fibonacci Level.

We’re seeing price trade just shy of this level so far today.  What’s the level and what’s the plan?

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

We’re once again focusing on the 2,368 @ES level (highlighted) as a key make-or-break bull/bear pivot.

Note the green “bullish pathway” above and the red “sell pathway” beneath the price.

This is a zoomed-in updated Fibonacci Grid so be sure to use it for your intraday trading reference.

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!

Afraid to Trade Premium Content and Membership

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

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).”

Similar Posts

|

Advanced Fibonacci Confluence Projection in SLV Silver ETF

Bycjrosen

I was doing some work on the Silver ETF (SLV) and wanted to show a simplified version of a potential ‘confluence projection’ zone at the $18 level which I found interesting and worth a look.I was doing some work on the Silver ETF (SLV) and wanted to show a simplified version of a potential ‘confluence projection’ zone at the $18 level which I found interesting and worth a look.

| |

March Crude Oil Structure Update and One of My Favorite Chart Patterns

Bycjrosen

As we did with the recent update on Gold’s structure and key levels, let’s take a look at the current progression and price structure that’s developing in Crude Oil. As an educational bonus, we’ll review one of my favorite chart patterns that completed with a powerful outcome. First, the Hourly Intraday Structure Chart of Crude…

Post-Fed Bullish Surge Update and Stock Scan March 17

Bycjrosen

Thank you Janet Yellen and the Fed! Regardless of the reason, stocks bolted higher, breaking resistance and triggering another “T3 Trend Day” Up. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: We were focused on the 2,020 and 2,025 upside resistance and the potential “bullish breakout/short-squeeze” that…

|

Daily and Weekly Updating Apple AAPL Retracement for June 16

Bycjrosen

Apple shares (AAPL) continued their breakout and bull trend impulse after the late-April gap breakout and May “bull flag” retracement. Let’s chart the current course for price, highlight the key support target, and update the trading strategies developing at the moment for Apple shares. We’ll start with the broader Weekly Chart perspective: For a bit…