Mar 08, 2019 — FRIDAY AM
MARCH MARKET OUTLOOK: Watch the replay of our March market outlook webinar, which has tons of candidates for the month ahead: http://pivotboss.com/2019/03/04/pivotboss-monthly-outlook-mar-04-2019-prospects-for-the-month-of-march/
The ES, NQ, and RTY have each pulled back from recent highs, which the Russell 2000 leading the way lower. If buyers fail to show up, look for more downside ahead, likely to the previous month’s lows. Crude Oil is pushing lower and entering the key zone between 54.55 and 55.00, which swing bulls want to keep bid. Failure to hold this zone could trigger more weakness back toward 51.25. Gold is up this morning, but has taken out recent pivot lows, so more caution may be needed. 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.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss