A Range at the Lows Emini Fibonacci Grid Update Sept 16

Sep 16, 2016: 10:42 AM CST

We’re seeing a range develop between our Fibonacci Levels at the recent lows.

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.

Be sure to reference the previous update for additional information for the larger Fibonacci Grid targets.

The 2,105/2,110 level is the 38.2% Fibonacci Retracement of the larger rally and so far, it’s holding as support.

A strong rally took us above the 2,139 pivot but price reversed between the 38.2% and 50% levels yesterday.

We were ready for a bearish swing “away from” the 2,139 level toward 2,128 and we’re back toward that pivot now.

Focus on – and trade – the departure away from 2,129 for the remainder of today’s session.

Want these levels and additional strategy planning in advance each evening?

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

Continue Reading…

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Finally Seeing the Big Bullish Breakout for Apple AAPL

Sep 15, 2016: 10:31 AM CST

Apple (AAPL) showed impressive relative strength to the market this week and we’re seeing that bullish dominance continue with a breakout and birth of a new uptrend.

Here’s the Weekly Chart and the new bullish phase emerging for Apple (AAPL) shares:

For a bit of quick background, see my post “Apple Bucks the Bear Day” – which was our first major clue.

Correctly detected, we noted how strong shares were performing against a strong “second collapse” day.

We live by the statement “That which is Strong tends to get STRONGER.”

Strong stocks tend to see more bullish gains and Apple is a great recent example of that concept.

What now? Continue Reading…

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Breaking Through our Emini Fibonacci Levels Sept 15

Sep 15, 2016: 10:19 AM CST

Like yesterday, we’re seeing a bounce up away from the low toward the 23.6% Fibonacci Level.

This morning, we’re seeing a stronger swing and possible bullish breakthrough develop.

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.

Be sure to reference the previous update for additional information for the larger Fibonacci Grid targets.

The 2,105/2,110 level is the 38.2% Fibonacci Retracement of the larger rally and so far, it’s holding as support.

Today – like yesterday – we’re going to focus on 2,128 and trade the departure from this level.

We’re resting here right now – we’re bullish for a continued bounce above 2,130 or bearish beneath.

Want these levels and additional strategy planning in advance each evening?

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

Continue Reading…

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Bouncing UP into our Emini Fib Grid Sept 14

Sep 14, 2016: 11:10 AM CST

Volatility is back!  We’re seeing another bounce up from the 2,110 level to our short-term Fibonacci Level.

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.

Be sure to reference the previous update for additional information for the larger Fibonacci Grid targets.

The 2,105/2,110 level is the 38.2% Fibonacci Retracement of the larger rally and so far, it’s holding as support.

Today – like yesterday – we’re going to focus on 2,128 and trade the departure from this level.

We’re resting here right now – we’re bullish for a continued bounce above 2,130 or bearish beneath.

Want these levels and additional strategy planning in advance each evening?

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

Continue Reading…

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Apple AAPL Bullishly Bucks the Bear Day Sept 13

Sep 13, 2016: 10:32 AM CST

In a surprising move, Apple (AAPL) shares defied the broader market collapse today with a big bullish surge.

On big sell-days like this, it’s helpful to find a strong stock bucking the trend.

Here’s Apple fighting the tide of selling of today’s bearish market:

Friday was a big down day and Monday was a big up day (bounce) just like the broader stock market.

Today is unique for Apple (AAPL) because the stock market is crashing back to the lows while Apple is surging back toward the highs.

This shows relative strength to the market in a big way and draws our attention to Apple shares.

We can see a short-term range between the $103 level and the $110 pivot.

Price burst straight up toward this target level this morning – and we’re seeing follow-through.

Apple (AAPL) would continue a bullish campaign with a breakout beyond the $110/$111 level.

Otherwise Apple shares don’t turn objectively bearish unless they’re beneath the $101.00 level.

Here’s a specific “Relative Strength” Chart of Apple to visualize its strength this morning: Continue Reading…

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