Resilient Bulls Emini Fibonacci Grid Update Nov 29

Nov 29, 2016: 1:53 PM 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:

There’s no major update today other than the smaller “abc” pullback toward the 2,200 target.

Buyers stepped in once again, not patient enough to let this market retrace even a small percentage.

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.

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Corey Rosenbloom, CMT

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1 Comment

One Response to “Resilient Bulls Emini Fibonacci Grid Update Nov 29”

  1. Ashraaf Says:

    It definitely looks pretty cool opportunity ahead, if we wish to gain quick bucks, but just need to make sure we have it with right measurements to be able to gain. I do it all very carefully with help of OctaFX broker using their epic conditions which include having low spreads from 0.1 pips to high leverage up to 1.500 while there is also rebate program where I get 50% back on all trades which is even with the losing one too.