The Expected Emini Rally from our Key Fib Grid Dec 19

Dec 19, 2016: 12:41 PM CST

It’s amazing – and profitable – when price does exactly what it should, based on logic and probability.

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

As was the case earlier in the week, our 23.6% Fibonacci Level intersects the 2,250 @ES level which is our key pivot.

Price rallied up off this level since the Fed Day when buyers defended the support and continued to do so today.

Note the descending triangle trendline and bullish “Open Air” above 2,260 accordingly.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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