Jan 28, 2019 — MONDAY AM
The ES, NQ, and CL continue to trend higher, and while a pullback may be near, further strength is likely to occur until proven otherwise. Gold has recently rejected a pivot low and rallied to take out the recent pivot high, which serves the purpose of creating a wider trading range for market particicpants. Look for a potential pullback toward the high 1280s if price cannot find acceptance above 1300 soon. 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.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss