May 06, 2019 — MONDAY 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
The ES and NQ have pulled back in overnight trading and are currently testing the bottom of their respective pivot ranges, which could offer a swing buying opportunity soon. Otherwise, failure to hold above the monthly midpoint on a closing basis will open up quite a bit more downside ahead. Crude Oil reached our target at 60 and has gotten a significant bounce off that level so far. Today appears to be a rejection day, which means odds are increasing for a 1 to 3 day bounce ahead. Keep an eye on Gold, which has a bearish bias until price can break above 1290. 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