August 30, 2019 — FRIDAY AM
The ES and NQ have rallied from Sunday night lows to reach our targets at resistance, with the ES reaching the 2940s and the NQ coming just shy of 7800. Now that each of these markets have reached resistance it is time to watch for signs of rejection, as another major swing move could be coming soon. Crude Oil remains below resistance at 57, which continues to be the level to watch in this market, and Gold is showing a pullback that could be buyable 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