October 16, 2019 — THURSDAY AM
The ES and NQ have pulled back in pre-market trading after yesterday’s bullish move, which typically indicates more upside ahead. While more near-term strength is likely coming, the market is approaching overhead resistance, which we’ll watch closely. Crude Oil is trading within a narrow range could see expansion later today, and Gold may remain within its trading range for a while to come.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss: http://pivotboss.com/secrets-of-a-pivot-boss/