Dec 18, 2018 — TUESDAY AM
The ES, NQ, and RTY are each approaching, or breaching, key support levels for the year, which the market must likely take out before being able to regain any traction. After two days of selling pressure, it wouldn’t be surprising to see digestion today ahead of Wednesday’s Fed Interest Rate decision. Crude Oil took out recent lows, but if it can regain 49s, perhaps it may bounce back within its narrow range.
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, Russell 2000, 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