Price jumped higher into the 2,180 @ES level this morning and (so far) pulled back from this pivot.
Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades:
We still can’t use our larger Fibonacci Retracement Grid levels WITHOUT an actual larger retracement.
We STILL haven’t seen a decent (more than 23.6%) retracement since late June!
Nevertheless, we continue to update our short-term Fibonacci Retracement Grid levels especially when price makes a new high.
For now, the key focal points for today’s session are the 2,180 high level and the 2,172 Fibonacci Level (23.6%).
For more daily updates from Corey, visit his blog at Afraid to Trade.com.