Jan 04, 2019 — FRIDAY AM
The ES, NQ, and YM each bounced from overnight lows after rejection the previous day’s low price. However, after hearing Fed President Mester speak, and seeing a higher than expected Jobs number, the market seems to have backed off of the day’s highs. We could see more downside action ahead if the markets fail to hold 3-day support down below. Crude Oil is testing higher, but keep an eye on 47.60 for signs of failure. Gold remains extremely bullish.
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 Dow futures.