Range Trading at the Emini Highs November 14

Nov 14, 2016: 12:53 PM CST

Our divergences at the high continue to stall the market just ahead of a key breakout.

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

Negative momentum and Breadth (Market Internal) divergences INTO this resistance give us pause.

Ultimately price reversed down away from the 2,170 target (discussed with members last night).

We’re seeing three retracement swings down away from 2,170 toward the 2,150 level.

At this moment, we’re seeing another bounce. Use 2,150 and 2,170 as short-term pivots in the new range.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Range Trading at the Emini Highs November 14”

  1. Shoaib Says:

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