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Battle for Market Dominance

In the battle for market dominance we still DON’T have a winner! Bulls? Bears? Still nothing.  But that’s fine.

 

By Corey Rosenbloom

Instead we remain trapped at the highs in a volatile sideways trading range.  Today we’re coming down from the highs.

Here’s today’s updated Emini (@ES) trading levels for your trades:

Supply and demand move price; it’s nothing magical.

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We expected a sell swing going into today’s session and so far that’s what we’re seeing.

With neither side victorious, we’re seeing volatility increase and our Fibonacci Levels serving as targets and short-term inflection (reversal) points.

If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!