May 17, 2019 — FRIDAY AM
The ES and NQ have pulled back from recent highs and are currently trending lower in pre-market trading. Will this pullback lead to new lows, or higher lows? This is something I’ll be watching for today. Crude Oil continues on a path higher. Above 64s opens up the upside. Gold sold off through 1293, with a shot to go lower. Today, however, is all about digestion. Look to fade the edges in Gold. 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