November 12, 2019 — TUESDAY AM
The ES, NQ, and CL are trading within very narrow ranges, which have continued to develop over the last 7 sessions. While an upside break and continuation is the mostly likely outcome, be on the lookout for any potential failed new high event, as this could trigger a bearish outside day. Gold remains weak, and may test the FOMC key level at 1440.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss