Still Bouncing Between our Key Emini Fibs Oct 21

Bycjrosen

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.

After a very slight gap-down under 2,128, price rebounded into a bullish surge “up away from” our 2,128 level.

We’re still watching these zones – 2,128 and 2,139 – for targets and intraday reversal zones.

You need to incorporate these levels into your short-term trading.

Want these levels and additional strategy planning in advance each evening?

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

Follow Corey on Twitter: http://twitter.com/afraidtotrade

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).

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Possible Mirror Image Pattern on Intraday SP500 SPY Mar 19

Bycjrosen

I always enjoy highlighting ‘mirror image’ or ‘measured move’ price patterns on charts, and we have the potential for a resolution to the downside to test prior support if the current price structure completes the ‘reflection’ portion of the pattern.

Main idea – let’s watch the price closely over the next few days to see if this chart pattern completes as expected:

One Comment

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