Breakout? Pullback? Extended Uptrend getting more extended? Divergent Reversal? Let’s plan!
Here’s today’s updated Emini (@ES) trading levels for your trades:
We have a new Fibonacci Grid for the moment that will remain active IF price does retrace from the high.
We’ll keep extending it higher – from the earlier low – until we do get that deeper-than-one-hour pullback.
The Market generally has an upward creep – which we’re seeing – during the Thanksgiving Holiday.
We’ll continue to balance the logical odds for a pullback against this “Holiday Creep” and trade accordingly.
For more daily updates from Corey, visit his blog at Afraid to Trade.com.