November 05, 2019 — TUESDAY AM
NOTE: I will be hosting my monthly market outlook webinar this afternoon (TUES, NOV 5) @ 3:30pm CT. This is a FREE event that is open to anyone who wants to join. We’ll be talking futures, stocks, options, and trade ideas heading into the end of the year. Join us via https://pivotboss.echofin.co/
The ES and NQ have developed narrow 5-day ranges, which could suggest impending expansion soon. The trend remains bullish, but keep an eye on 3020 in the ES and 8000 in the NQ for signs of failure. Crude Oil is bullish, and Gold may see a major dose of volatility in the month of November, which may include a breakout soon.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss