Third Time Emini Reversing off Our Fibonacci Level June 2

Jun 2, 2016: 10:18 AM CST

Today marks the third time price traded down toward – then reversed up away from – our first Fibonacci target.

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

As I highlighted to members, odds favored a movement down away from the 2,100 level toward the first target at 2,087.

This is the third day in a row the market “reversed down away from 2,100 toward 2,087” and then bounced “up away from it.”

Our style of higher timeframe planning depends on identifying key levels and then trading the movement toward or away from these levels.

Right now, the 2,087 level is our key reversal point.  Any future breakdown opens a sell-swing toward 2,074.

Get these levels in advance with in-depth planning and trading opportunities by joining the Daily Membership.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

One Response to “Third Time Emini Reversing off Our Fibonacci Level June 2”

  1. Fletcher Says:

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