Sep 05, 2018 — WENDESDAY PM
The ES and NQ have pulled back modestly over the last few days, but could see a bit more downside if the ES fails to regain acceptance above 2900. Ultimately, this pullback with likely offer another buying opportunity ahead, which is the better move to play. Crude Oil and Heating Oil developed major rejections in the previous session, which could lead to more selling pressure ahead. Additionally, you’ll want to keep an eye on this level in the Russell 2000. Here are the levels we’re watching in the PivotBoss Trading Room.
This video also includes: E-Mini S&P 500, E-Mini Nasdaq 100, Crude Oil, Heating Oil, Russell 2000, and Bitcoin Futures.
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Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss