June 27, 2019 — THURSDAY AM
The ES and NQ continue to hold below their respective key levels of 2940 and 7700, which are currently being offered by bears who are eager to push prices even lower. Continue to watch these pivots for signs of further selling pressure ahead. Crude Oil remains bullish, and any pullback over the next several days could offer an opportunity to buy ahead of the next rally into the low 60s. After a highly bullish June, Gold may be ready for a digestive, range-bound July. But as long as price remains above 1375, more upside could be seen toward 1525. 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