June 24, 2019 — MONDAY AM
The ES and NQ are sitting at or very near resistance for the year. After a very bullish June, we have to see if the markets will be able to hold, or push through, these highs. Or will the markets begin some sort of retracement? The markets remain bullish until proven otherwise, but continue to watch for signs of potential rejection. Crude Oil remains very bullish, and any pullback as deep as 55 will likely offer a great buying opportunity for a continuation toward 62s. Gold also remains extremely bullish, with pullbacks to 1375 offering a buying opportunity on a swing, position, and long term basis. 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