June 07, 2019 — THURSDAY AM
The ES and NQ have remained bullish the entire week, but are now approaching key overhead resistance that could begin to turn the tide. Crude Oil continues to reject prices above the previous month’s close price, which suggests that another wave of weakness could be seen, with 49 as the next target below. Gold futures remains bullish, and appears poised to push through 1350, but watch for signs of rejection as price approaches 5-year resistance at 1375. 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