November 22, 2019 — FRIDAY AM
The ES, NQ, and Gold have traded within narrow ranges in recent trading, and could be building energy for expansion to come. While the trend has been strong for the ES and NQ, a breakout can occur in either direction. However, a downside break should be watched for signs of failure, which could catapult prices back to new highs. Gold needs above 1480 or below 1460 for the next breakout move.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss