Our Make or Break Emini Level Update Nov 30

Nov 30, 2016: 11:43 AM CST

I’m not sure the buyers (bulls) know the meaning of a “pullback” but here we are, near the highs again.

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

Buyers aren’t willing to let this November rally die.  They’re aggressively stepping in on tiny pullbacks.

This shouldn’t frustrate us because we continue to balance reality (non-retracement) with probabilities (that favor a retracement).

Nevertheless, the plans remain the same – odds favor a pullback to lower levels while the “alternate” thesis calls for bullish “short-squeeze” plays above the 2,210 level.

Don’t predict – plan and react to what actually happens which could be a surprise short-squeeze.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Our Make or Break Emini Level Update Nov 30”

  1. Kaif Says:

    It will be interesting to see if there is really any pull back, so just need to be very careful of all this in order to gain. I do it all very nicely and smoothly which is because of OctaFX broker and their epic set of conditions that include having steady spreads from 0.1 pips while there are over 70 instruments for me to select from, I also love their outstanding bonus on deposit that is use able, as that helps me even more with working!