September 04, 2019 — WEDNESDAY AM
The ES and NQ have rallied in overnight and pre-market trading, and are currently holding above previous session highs and also above the previous month’s close price. These are important key levels to watch, as a failiure to stay above these levels could trigger another sell-off, as we saw throughout August. Crude Oil may see a near-term bounce, but seasonality suggests more downside heading into Q4. Gold continues to be highly bullish, and all pullbacks are still 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