Straight Back to the Highs Nov 17 Emini Update

We’re back into the 2,180 prior high target and plotting our next move along with the market.

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

We saw a shallow, sideways pullback after a series of negative divergences, though buyers found support and acted at the 2,155 @ES Level.

The market has been relatively stable within the current rising trading range.

However, today should give us a big clue if we should continue playing bullishly for a new “short-squeeze” breakout, or continue our “cautious into resistance” game plan.

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.

Afraid to Trade Premium Content and Membership

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

Corey Rosenbloom, CMT

Afraid to Trade.com

Follow Corey on Twitter: http://twitter.com/afraidtotrade

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).”

Similar Posts

One Comment

  1. It’s definitely very high, but still we need to be very careful with how we go about entering the market and keeping things simple and straight forward. If we careful then we can definitely gain plenty but without right approach we could face huge issues. I trade with OctaFX broker where they have epic setup with having tiny spreads from 0.1 pips to high leverage up to 1.500 while there is also strong rebate program, so all works in my favor.

Comments are closed.