That’s two days in a row of a bullish open with follow-through! Price gapped above our higher Fibonacci “breakout” target from yesterday and now trades at a key level. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Take a moment to see the broader Fibonacci Grid for reference. We…
“Stocks that are weak (downtrending) tend to get weaker (keep downtrending).” That quote is certainly true for “weak getting weaker” downtrending Twitter (TWTR) as price broke to a fresh new 52-week low this morning. Let’s first start with the larger-picture downtrend (weekly chart) and pinpoint today’s new low: After an IPO near $25.00 per share,…
What a start to this morning’s session! Price gapped above our Fibonacci “breakout” target and extended two targets higher. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Take a moment to see the broader Fibonacci Grid for reference. In the membership, we were awaiting a breakout from yesterday’s range…
A narrow opening range contains the price movement of the @ES between two key Fibonacci Levels so far. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Take a moment to see the broader Fibonacci Grid for reference. At the moment we’re focusing our attention on the 2,054 level which…
We’re already seeing success from our updated Fibonacci Retracement Grid this morning. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Take a moment to see yesterday’s update and the broader Fibonacci Grid for reference. I successfully pinpointed an intraday reversal event that took place midday yesterday. Today, we’re seeing…
Yesterday’s FOMC Minutes release collapsed the market back to the key 2,040 pivot and today’s session takes us under that support level. What’s the next target and have we achieved it yet? Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Take a moment to see yesterday’s update and the…
Before you could say “Clean-up on Aisle 7,” Target (TGT) shares slipped to the prior swing low. Traders now have a “Make or Break” opportunity to play a departure from this critical support … target. Let’s see how it developed and where we trade from here: Even though Target (TGT) beat the Wall Street estimates…
This is now the third major intraday bullish retracement and surge up away from the 2,040 @ES Level in May. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: As I mentioned yesterday, we changed our Fibonacci Retracement Grid to an upward retracement structure. We’re seeing a strong bullish reversal…
The S&P 500 reversed down from the 2,070 level on clear negative divergences all the way back to our pivot support target near 2,040. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: As we saw from this morning’s post and the prior planning in the membership, price…
Monday’s strong bullish session thrust price into our 2,070 Fibonacci Target where our reversal occurred. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: I flipped the grid to reflect the recent UPWARD retracement away from the 2,040 level to the 2,100 high. We’re focusing on the 2,060 level (so…