Feb 06, 2019 — WEDNESDAY AM
The ES and NQ continue to trend higher, but price ranges are clearly dropping, along with volatility, which is a third of what it was just a month ago. Overall uptrending price action is likely to occur until proven otherwise. Crude Oil is showing early signs of rejection at 5-day lows, which provides a potential “buy the dip” opportunity. Gold futures continues to pull back modestly, which also suggests more strength 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, and Gold.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss