May 14, 2019 — TUESDAY AM
The ES and NQ are showing overnight and pre-market strength after rejecting the previous session low and close. While the day timeframe trend is currently bullish, price remains within a larger downmove, which means the market will have to really prove it has found a strong low before trying the next long opportunity. Crude Oil is currently in the trigger zone of a potential swing move down. I quantify how to forecast the next targets for CL in the video. Gold got the breakout we expected yesterday morning above 1290…now what? 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