Oct 01, 2018 — MONDAY PM
After the recent rally in the ES and NQ, are the markets ready for a pullback to begin October? The NQ is showing initial signs of rejection at the previous month’s high, which could fuel a countertrend pullback in the first week of October. However, any pullback is still likely buying opportunity until proven otherwise. Gold is on the verge of a major breakout move, and so is Bitcoin. Here are the levels and candidates we focused on during the Monthly Outlook for September 2018.
Topics Include:
- /NQ Rejection Developing
- /GC Absorption, with breakout potential ahead
- /CL Watch the top of the key range
- $WTW At value, with a shot for long term strength
- $FANG Sell Opportunity
- $WDC Sell Opportunity
- $ATI Sell Opportunity
- Swing Trade Pro 2.0 Tour
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss