June 03, 2019 — MONDAY AM
The ES and NQ sold off in the month of May and are currently trading below the lows of the previous month. Watch this zone closely, as any rejection of these prices could lead to a near-term bounce to begin the month. Even if a relief rally were to occur, bears may be eager to defend the pullback for another round of weakness ahead. Crude Oil is currently rejecting prices below 53 and is approaching the 55 CLVN from below, while Gold has rallied through 1305 en route to 1350. 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