July 09, 2019 — TUESDAY AM
Please join me today Tuesday, July 9 @ 3:30pm CT for another Monthly Outlook webinar! I’ll be prospecting for new opportunities for Q3 and the second half of the year, and will also provide analysis for the major markets. Please visit https://pivotboss.echofin.co/ to create a free account and join us in our new trading room. Looking forward to seeing you soon!
The ES and NQ have pulled back modestly from recent highs and are now holding within the bullish PEMA trigger zone, which offers an opportunity for bulls to defend for another shot at new highs. Failure to bounce off this zone could lead to quite the sell-off ahead, so watch this zone closely. Crude Oil has developed a very narrow 4-day range, which is likely building energy for the next key move. Gold is showing some initial bounce off the bottom of the developing trading range, which could lead to another rally toward 1440 soon. Eventually, a move to 1525 could be seen if price can remain above 1375-1380. 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