PivotBoss Trading Room AM [Aug 10, 2018]: Crude Oil Trend Day Continues

Aug 10, 2018 — FRIDAY AM

The ES and NQ each broke down from their respective 3-day ranges, but haven’t seen strong follow-through as of yet. Crude Oil remains near the highs of the session, but appears to consolidating near highs. Keep an eye on 67.41 for signs of failure. Here are the levels and candidates we focused on during the morning session of the PivotBoss Trading Room.

Topics Include:

  • ES/NQ Trading Range with Downward Bias
  • CL Trend Day Up
  • $EL Developing Outside Reversal
  • Outside Reversal Discussion
  • $ROKU Continued Strength
  • $SPOT Analysis and Watchlist
  • $WMT 5-Month Accumulation

Cheers!

— Frank Ochoa
Author, Secrets of a Pivot Boss