August 14, 2019 — WEDNESDAY AM
The ES, NQ, and CL are showing quite a bit of pre-market weakness this morning, as the markets are rolling back yesterday’s gains. The ES and NQ both rejected the previous week’s high prices and are now giving back most of Tuesday’s gains, but remain mostly within wide 5-day trading ranges. Crude Oil continues to trade around the 55 key level, and is currently using that level as support as overhead resistance via trend line comes into play. Gold remains highly bullish, and all pullbacks remain buying opportunities. 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