Surging Through Our Fibonacci Grid Emini Update March 28

Mar 28, 2017: 11:09 AM CST

Today is another victory for our short-term Fibonacci Grid trading plan.

Why? Let’s find out!

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

We got it right again in the strategy planning for members, as I wrote Friday for members:

We’re perhaps nearing the end of the retracement or at least the end of the “C Wave” of the structure.

This would suggest a future downside break toward 2,323.

As you can see, not only did price crash down toward 2,338 but also (so far) held support and reversed UP AWAY FROM our Fibonacci Target.

We’re seeing the continuation of that bounce today, moving through not only 2,338 but now 2,352.

Simply stated, now that buyers brought us back to 2,352, play the departure from here as usual.

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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