July 03, 2019 — WEDNESDAY AM
The ES and NQ are both trading above previous two-day highs and are also trading above the previous month’s high at the moment. However, if the market is not able to sustain these prices and remain above their previous month’s high price, we could see a rotation lower in the next week of trading. Crude Oil saw extreme sell-off in the previous session and could be due for a bounce back toward 60 soon. Gold appears to be rejection 1440 again and could now be range-bound between 1375 and 1440. 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.