Apr 04, 2019 — THURSDAY AM
WATCH THE APRIL MARKET OUTLOOK RECORDING: Watch the replay of our April market outlook webinar, which reviews some of our candidates from Q1, and also provides great new candidates for Q2: http://pivotboss.com/2019/04/02/pivotboss-monthly-outlook-apr-01-2019-q1-winners-and-q2-prospects/
The ES and NQ continue to hold above the previous month’s high price, but are clearly trading in a low-volatility state ahead of Friday’s NFP report. But what is $IYT telling us? Right now, it is showing rejection at the top of its range, which could mean we may be headed lower in the near term, as it tends to lead the broader market. Crude Oil remains bullish, especially above 61s, and watch for a breakout in Gold 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, $IYT, and Gold.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss