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.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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1 Comment

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

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