Dec 04, 2018 — TUESDAY AM
The ES and NQ are each pulling back from Monday’s highs and are testing previous session lows, which are the key levels to watch today. Failure to hold above these levels opens up a bit more of a pullback, but will bulls defend the dip? If so, we could see some end-of-year strength. Crude Oil has put together two solid days up, but still remains bearish as long as it continues to hold below the 55 key level. Gold continues to build out the rounded bottom accumulation pattern, which could eventually lead to a major breakout move. Here are the levels we’ll focus on during the morning session of the PivotBoss Trading Room.
This video also includes: E-Mini S&P 500, E-Mini Nasdaq 100, Crude Oil, and Gold futures.
DEC OUTLOOK RECORDING: Please visit the following link to watch the recording of our December Monthly Market Outlook webinar: http://pivotboss.com/2018/12/03/pivotboss-monthly-outlook-dec-03-2018-year-end-candidates/
NEWS: Swing Trade Pro 2.0 HAS OFFICIALLY LAUNCHED! Please visit http://pivotboss.com/swingtradepro2/ for details on a great introductory offer!
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss