May 20, 2019 — MONDAY AM
The ES and NQ are in the midst of another Sunday night Trade War sell-off as we head into RTH Monday morning. While more weakness is likely to be seen in the near term, watch for signs of rejection at/near last week’s low. Crude Oil is at a decision point in the charts, as the previous month’s close has been offered all month. Watch this level closely. Gold continues to chop between 1270 and 1305, which will likely be the case until expansion occurs. 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