November 07, 2019 — THURSDAY AM
The ES and NQ continue to push to new all-time highs, while remaining mostly quietly overall. The market has been quietly pushing higher the last 5 weeks and continues to hold above the previous month’s high price. Failure to hold this zone would suggest a pullback, but right now, these markets are full steam ahead. Crude Oil continues to battle the important 57-58 zone, while Gold remains range-bound ahead of expansion.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss