Surprise as the Emini Support Holds Strong May 1

May 1, 2017: 11:46 AM CST

Buyers held the line and we’re seeing another bounce up toward the highs.

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

We’ve seen a powerfully impulsive breakout from 2,350 toward the 2,400 target and here is the natural pullback.

Buyers stepped in with a double-bottom pattern at our 2,381 Fibonacci Level.

Today we’re seeing a bounce even higher as price breaks a falling trendline on the pathway toward 2,390 and beyond.

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

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