New Short Term Emini Fibonacci Retracement Grid July 18

Jul 18, 2016: 11:53 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.

The bulls have been tricking us with repeated aggressive overnight buying.

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

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

It puts our focus right now on the prior high above 2,160 and the minor pivot level at 2,142.

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Corey Rosenbloom, CMT

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1 Comment

One Response to “New Short Term Emini Fibonacci Retracement Grid July 18”

  1. Mustafa Says:

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