Range Trading the Jobs Report April 7

Apr 7, 2017: 2:00 PM CST

After a surprisingly lower monthly Jobs Report number, equity prices shrugged it off without a reaction.

As such, we remain within our new short-term trading range between two key Fibonacci Levels.

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

I wish I had more information for you but the market remains within our trading range.

Keep playing the departures from the high and low of the range – and remaining neutral – until we get a breakout.

If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!

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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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