September 03, 2019 — TUESDAY AM
The ES and NQ have pulled back from Friday’s highs, as resistance continues to hold firm across the board. Given that August was mostly range-bound, the markets could experience a breakout and trending behavior for the month of September. Crude Oil continues to coil within a larger trading range, which could fuel the impending breakdown on a seasonality basis. Gold remains bullish and is currently holding in the PEMA trigger zone, which could lead to another bounce with a target at 1585. 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