August 26, 2019 — MONDAY AM
The ES, NQ, and CL each bounced back in overnight and pre-market trading after Friday’s significant sell-off, and could be headed higher through the first part of the week. This has been a recurring pattern after the last two major sell-off earlier in the month. Look for the markets to rally back to the origination points of their respective Friday sell-offs. Gold hit our 1565 target in overnight trading, and again remains a buying opportunity on all pullbacks. 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