June 23 Bullish Breakout Emini Fibonacci Grid

Bycjrosen June 23, 2016

With expectations that the U.K. will remain within the European Union, stock prices surged right on schedule.

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

Over the last couple of sessions, we’ve focused on the interplay (bounce) between 2,074 and 2,088 in the @ES.

With the increasing likelihood that the United Kingdom will remain within the European Union, US stock prices rose yesterday, failed at our 2,090 pivot level, and then gapped above this level this morning..

For today’s session and beyond, we’ll be focusing on the “Open Air” green bullish pathway above 2,090.

The open air pathway at the moment extends toward 2,110 and the next ‘bear level’ is 2,088 (if under).

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

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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).

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