August 29, 2019 — THURSDAY AM
The ES and NQ have rallied in pre-market trading, further extending gains after Wednesday’s rejection of the Tuesday lows. Look for price to continue higher toward resistance for the month ahead of what could be a quiet day of trading Friday afternoon. Crude Oil continues to hold below the 57 resistance level and continues to develop within the larger trading range. We may begin to see expansion from this range soon, as Crude approaches a bearish part of the season. Gold remains a buying opportunity on all pullbacks until proven otherwise. 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