Cinco de Mayo Emini Fibonacci Planning Grid Update

Happy Cinco de Mayo!

We’re seeing an expected bounce (rally) on divergences up away from the 2,040 @ES level.

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

From tonight’s member report, we were STRONGLY BULLISH for a BOUNCE (plan) going into today’s session.

So far, that analysis was correct as price is pushing higher – off positive divergences – at the 2,040 @ES Level.

We’re re-entered our Fibonacci Grid, taking flight back above the 2,048 pivot into the range (highlights).

The upside potential target (short-term) is again the 2,060 Fibonacci Level.

Above that level, price can extend toward the Midpoint at 2,070.

For today’s session, focus on 2,048 and the movement “away from” this key pivot.

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

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Corey Rosenbloom, CMT

Afraid to Trade.com

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