Once Again the Emini Plays the Tight Range Aug 24

Aug 24, 2017: 12:16 PM CST

As we trade today’s session, we’re STILL within the tiny Fibonacci Boundaries of yesterday.

Here’s today’s @ES Fibonacci Grid in play:

Emini @ES Intraday Trend Reversal

I highlight these levels develop a game-plan for the next trading day for our members.

We had a NEUTRAL pivot bias between the 2,440 and 2,448 Fibonacci Levels… and lo and behold that’s exactly where today’s (so far) and yesterday’s intraday high and low occurred.

It’s almost like magic! Except we had a tiny trap beneath 2,440 earlier this morning.

We’ll continue playing this range until we get a breakout, and I’ll discuss that plan for members tonight!

Come join us to learn these tactics (beyond this simple/quick update) and have an evening game plan you can use effectively for the next trading day.

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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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