Jan 03, 2019 — THURSDAY AM
The ES, NQ, and RTY each continue to show initial signs of strength of near-term support. While a failure through these support levels could open up major selling pressure ahead, the fact that price continues to hold above these zones suggests more upside into their respective FOMC key levels above. Crude Oil has developed a narrow 4-day range, which suggests major expansion is coming. Gold remains quite bullish, but is a pullback ahead?
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, Gold, and Russell 2000 futures.