May 28, 2019 — TUESDAY AM
The ES and NQ are trading within narrow inside day ranges ahead of the RTH open. This could be the calm before the storm, as the markets remain weak for the month of May, and could extend those losses into next month. Crude Oil is holding 58s, but a break could open the door to more weakness ahead. Gold remains above 1270, but may see expansion very soon after a month of range-bound trading around the previous month’s closing price. 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