Volatility Returns to the Emini January 12

Jan 12, 2017: 1:26 PM CST

Buyers and sellers continue to struggle for dominance at the highs and right now neither side is winning.

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

Supply and demand move price; it’s nothing magical.

Right  now we’re at a critical reference area – 2,270 in the @ES which is just under the all-time high.

Buyers want to extend the market higher with a breakout, and they’ve countered each of the three recent sell-offs of the bears.

With neither side victorious, we’re seeing volatility increase and our Fibonacci Levels serving as targets and short-term inflection (reversal) points.

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

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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 “Volatility Returns to the Emini January 12”

  1. Rehman Says:

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