Trading Through our Fibs Sept 23 Emini Grid Update

Sep 23, 2016: 1:55 PM CST

If you’re not using our Fibonacci Grids each morning, you’re missing out.

Be sure to bookmark our homepage and check back each morning for free updates to our grid and quick-planning for you day.

Today we’re seeing a fall down away from our 2,170 level toward the intraday pivot at 2,156 where a reversal is brewing.

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

Here’s a reference guide of how to use and trade from these morning updates.

With the Fed NOT raising rates as expected, the market shot like a rocket straight up into our ‘Final Fib’ level.

From there, price traded around 2,169 and now broke lower, falling all the way to our 2,156 Fib Pivot.

We will focus our attention there for a possible end-of-day rally and plan for Monday.

Want these levels and additional strategy planning in advance each evening?

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

Afraid to Trade Premium Content and Membership

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

Corey Rosenbloom, CMT

Afraid to

Follow Corey on Twitter:

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).

1 Comment

One Response to “Trading Through our Fibs Sept 23 Emini Grid Update”

  1. Sunil Says:

    I have been following this blog for long time and I really enjoy trading through this because that’s really what helps me with making solid returns which becomes even easier thanks to OctaFX broker and that comes through excellent features that include heavy rebate scheme where we get 50% back on all trades and that include losing trades too, so that’s why I find it incredibly good and makes things so much better for me and more importantly keep me relaxed with things.