PivotBoss Pre-Market Video [May 01, 2019]: All Eyes on the Fed

May 01, 2019 — WEDNESDAY 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 remain strong within the existing trend, but the fact that we are beginning a new month of trading suggests there could be early weakness this month that could result in another buying opportunity. But first, all eyes are on the Fed, as the market awaits the FOMC Statement and the Fed Interest Rate Decision. This will give us another FOMC Key Level to use for the markets we follow. Crude Oil is showing clear signs of rejection at 65s, which is the key level to watch. Gold continues to hold the 1280 key level, and the Russell 2000 is on the brink of major expansion. 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, Gold, and Russell 2000.

Cheers!

— Frank Ochoa
Author, Secrets of a Pivot Boss