PivotBoss Pre-Market Video [Apr 23, 2019]: Bear Trap Developing in Gold?

Apr 23, 2019 — TUESDAY AM

LIVE SESSIONS ARE HERE! Live Sessions have been scheduled for both PivotBoss Masters and Swing Trade Pro 2.0 members! If you are not a member, now’s the time to join. Follow this link to see the schedule of events: https://mailchi.mp/pivotboss/lets-make-some-money

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 quietly trend higher, and remain within very bullish trends. However, the markets are beginning to run out of runway, which could lead to a broader correction down the road. Crude Oil is showing early signs of rejection at 66s, which may lead to intraday weakness and a retest of 65s from above. Gold continues to hold below the previous month’s low and below 1280, but isn’t selling off, which suggests that a bear trap could be developing. 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