May 24, 2019 — FRIDAY AM
The ES, NQ, CL, and GC all had high-range sessions in the previous day, with 3 of the 4 selling off sharply throughout much of the session. Typically speaking, the market tends to trade in a range the day after a major trend day, so today could be mostly range-bound. Look to fade the edges of any trading ranges that develop today. Watch out for headline risk over the weekend, as the last three Sundays have been torpedoed by China Trade War headlines. 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