Keeping the Range Going at the Highs Feb 8

Feb 8, 2017: 12:45 PM CST

We’re seeing a series of small ranges develop in the @ES Emini.

Today gave us an expected swing down to a key Fibonacci Level and a reversal up away from it.

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

Here’s a quote to reference from Tuesday’s member report:

For now we see a small SIDEWAYS TRADING RANGE between 2,285 and 2,295 (yellow highlight). KEEP playing within this range until we get a breakout, likely lower toward 2,280

That’s indeed precisely what we saw happen – AND the reversal up away from 2,080.

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

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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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