The Fib and Arc Pathway Still Playing in Emini July 11

You’d think today would be different but it’s not – and that gives us an edge as traders.

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

Believe it or not, we’re STILL within our short and intermediate term Fibonacci Grid.

Still!

The market hasn’t made much progress since late May as price remains within our established and well-discussed Fibonacci Grid levels.

As I’ve also noted (especially to members), price is forming a “Rounded Arc” trendline pattern as highlighted.

It sounds pedantic but it’s working – keep playing within this grid until we get a breakout.

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

Follow Corey on Twitter: http://twitter.com/afraidtotrade

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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