I describe the market action before the opening bell and after the close and discuss set-ups for the next day.
Here we go – after a pullback exactly to our 2,080 target, buyers continued expected bounce today. Here’s today’s updated Emini (@ES) trading levels for your trades: First, take a look at Thursday’s update for the larger Fibonacci Grid and our 2,080 target. Perfect planning. Next, read these quotes from our premium membership planning report:…
Here we go – after a pullback exactly to our 2,080 target, buyers are creating our expected bounce now. Here’s today’s updated Emini (@ES) trading levels for your trades: Here’s a reference guide of how to use and trade from these morning updates. First, take a look at yesterday’s update for the larger Fibonacci Grid…
Price often gives visual signals before reversing, even if in real-time it looks very surprising. Facebook (FB) surprised traders with a collapse… but the collapse was preceded by at least two major warning/reversal signals. What were they? Let’s take a look: Let’s first start with the classic “Three Push” Reversal Pattern – one of my…
We’ve been very successful using short-term Fibonacci Levels for intraday @ES trading. With the breakdown this week, we have to expand our grid, which is what we’re doing in today’s update. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your trades: Here’s a reference guide of how to use and trade from these…
Many traders love reversal patterns but so many traders get trapped in false reversals in real time. Here’s the @DX (US Dollar Index) showing a lesson in real-time reversal patterns as they develop: First, we have a strong rally up away from the $95.00 @DX level toward $99.00 without a major pullback. Momentum – as…
Will Apple (AAPL) shares hold support at the current pivot or will sellers break price lower? Get your trades ready and follow along with what happens here at $112.00 per share: Apple (AAPL) shares resumed the higher timeframe UPTREND with a bullish reversal in May 2017. From there, shares continued trading higher from the $90.00…
We continue using our key Fibonacci Grid for the Emini, but we may see a breakout on the horizon! Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your trades: Here’s a reference guide of how to use and trade from these morning updates. We had a “Range” or “Ping-Pong” strategy expectation going into…
The “Rounded Reversal” or “Mirror Image Foldback” is one of my favorite chart patterns yet most traders rarely see it develop. Crude Oil gives us an example of this stealth reversal pattern as a perfect “Mirror Image” pathway develops. Let’s look at the chart, study the pattern, and plan the future: First, let’s start with…
You’re truly missing out if you’re not bookmarking and following our morning Emini Fibonacci Grid. It works! Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your trades: Here’s a reference guide of how to use and trade from these morning updates. With price collapsing Friday to test the prior low, we’re seeing an…
You’re truly missing out if you’re not bookmarking and following our morning Emini Fibonacci Grid. It works! Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your trades: Here’s a reference guide of how to use and trade from these morning updates. We’ve seen gaps into key levels this week and intraday reversal at…