Never a Pullback Emini Fibonacci Grid Aug 23

Aug 23, 2016: 11:55 AM CST

Beuller? Beuller? Beuller?

Pullback? Pullback? Pullback?

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.

In the membership we’ve been highlighting the “Repeat Range” pattern.

The main idea is that the July low-volatility intraday range environment is repeating through August.

We’re seeing 2,190 @ES as the upper “all-time high” pivot – a possible double top.

2,180 – should price actually retrace (which would be logical) is the Midpoint Magnet of the Triangle pattern from which price broke this morning.

It’s also the 23.8% Fibonacci Retracement as drawn.

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

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).

1 Comment

One Response to “Never a Pullback Emini Fibonacci Grid Aug 23”

  1. Raid Says:

    It’s always itching for us to get into trade with such situation, but we got to be very careful with how we work out with things, as that’s the best way we will be able to achieve profits and positive results. I am able to do it fairly easily with help of broker like OctaFX, as they are world class in all ways especially to do with their mouth-watering conditions with small spreads from 0.1 pips for all major pair’s plus much more!