Beuller? Beuller? Beuller?
Pullback? Pullback? Pullback?
Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades:
In the membership we’ve been highlighting the “Repeat Range” pattern.
The main idea is that the July low-volatility intraday range environment is repeating through August.
We’re seeing 2,190 @ES as the upper “all-time high” pivot – a possible double top.
2,180 – should price actually retrace (which would be logical) is the Midpoint Magnet of the Triangle pattern from which price broke this morning.
It’s also the 23.8% Fibonacci Retracement as drawn.
For more daily updates from Corey, visit his blog at Afraid to Trade.com.