September 17, 2019 — TUESDAY AM
The ES and NQ are currently holding above the previous session’s midpoint, which will be a key intraday level to watch today. The ability to hold this level, and especially the previous day’s low price, suggests more upside ahead, likely to recent highs. Taking out Monday’s lows could result in a major bull trap. Crude Oil is compressing after yesterday’s big day. We may see more sideways before the next move occurs. Gold appears poised for another breakout move. Will it be to the upside? Above 1520 triggers a squeeze. 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