Flailing within the Fibs Emini Update March 13

Mar 13, 2017: 11:56 AM CST

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!

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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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