PivotBoss Pre-Market Video [July 25, 2019]: Crude Oil Still Compressing

July 25, 2019 — THURSDAY AM

The ES and NQ are trading at all-time highs, but could see a minor rotation back into their respective trading range, which have developed throughout the month of July. Keep in mind, the uptrend remains intact as we head into next week’s important FOMC Meeting. Crude Oil has now developed a confirmed 5-day compression, which continues to build energy for potential expansion soon. Gold has developed a narrow 3-day range, which could trigger the next 40-handle move soon. 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