Last week’s breakout sent the market back toward the prior high.
However, today we’re seeing another pullback from the high to a key pivot Level.
Here’s today’s updated Emini (@ES) trading levels for your trades:
Here’s a quote to reference from Monday’s member report:
For Tuesday we’re bullish above 2,285 and 2,290 into the “Open Air” pocket to keep the tiny range going.
With price AT the highs, we’re seeing a natural consolidation and pullback in motion at the moment.
A new “tiny” range has developed between the 2,295 @ES level and the 2,285 level as highlighted.
Beneath that we have our short-term Fibonacci Grid levels in play (as highlighted).
Frame your trades – and thus the game plan – on trading the departure (up/down) away from our achieved target.
For more daily updates from Corey, visit his blog at Afraid to Trade.com.