Surging Emini Update and Fibonacci Grid Targets May 10

May 10, 2016: 9:42 AM CST

Price is rallying sharply up away from the 2,040 level as expected and achieving our upside targets.

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

From our Daily and Weekly Planning, we have been support-bounce bullish from divergences at the 2,040 @ES level.

Friday’s reversal set in motion our current rally while this morning’s gap triggered a bullish breakout above 2,060.

Our focal points include 2,060, 2,070, and 2,078 – all of which are standard Fibonacci Retracement Levels.

Update your charts and trade this exciting rally through the Fibonacci Grid as long as it continues!

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

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Surging Emini Update and Fibonacci Grid Targets May 10”

  1. Paul Says:

    This can be a good opportunity for sell, so that’s why we got to be careful. I always trade with strict money management, so that way I can work things out better. I trade with OctaFX broker and with them, I am ever finding it easy which is through their lovely conditions, but importantly huge bonus up to 50% and that’s also trade able, so that’s why I am able to perform very well and that keeps me in good shape.