The Emini Holiday Creep Continues Nov 23

Nov 23, 2016: 12:45 PM CST

Breakout? Pullback? Extended Uptrend getting more extended? Divergent Reversal? Let’s plan!

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

We have a new Fibonacci Grid for the moment that will remain active on an eventual retracement from the high.

We’ll keep extending it higher – from the earlier low – until we do get that deeper-than-one-hour pullback.

The Market generally has an upward creep – which we’re seeing – during the Thanksgiving Holiday.

We’ll continue to balance the logical odds for a pullback against this “Holiday Creep” and trade accordingly.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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2 Comments

2 Responses to “The Emini Holiday Creep Continues Nov 23”

  1. Intelligent Trend Follower Says:

    Thanks for the update – will be interesting to see where markets close this week. Happy Thanksgiving!

  2. Rogers Says:

    We need to be very careful of the pullback and all these because they can often go wrong, it’s fair to say that the marking is already extremely high on ground, so just need to be very wise with how we go about doing everything. I am always doing it careful and in this, I get massive help with OctaFX broker with their fantastic conditions to work around. I also love their 50% bonus on deposit that gives me freedom to work smoothly.