July 19 Same Shallow Emini Fibonacci Retracement Grid

Jul 19, 2016: 10:40 AM CST

Until we get a deeper pullback in the market, we’ll have to turn our focus to our new short-term Fib Grid.

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

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

We still can’t use our larger Fibonacci Retracement Grid levels WITHOUT an actual larger retracement.

We’ll turn instead to this 15-min grid of the most recent bull-dominated swing.

Our focus remains on the prior high above 2,160 and the minor pivot level at 2,142.

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

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

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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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