Sep 20, 2018 — THURSDAY AM
The ES is sitting at a new high for the year, and has the potential to ride the strength of the YM and headed much higher. However, bulls need to keep 2920 bid. The NQ is certainly lagging, but is building energy at the bottom edge of a bullish channel…and could explode higher any day now. Crude Oil may be on the verge of a significant 1-2 day sell-off after rejecting 71s again. Look for further weakness below 71 back toward 69 to 69.30. Also, Bitcoin continues to hold 6000 and may see a modest rally soon. 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, Bitcoin, and mini Dow futures.
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Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss