November 26, 2019 — TUESDAY AM
The ES and NQ pushed to new all-time highs in overnight trading, but have rejected those highs since. Both markets are now trying to stay above the previous week’s high price, which could lead to a continuation higher if successful…or a return to last week’s lows if not. Crude Oil continues to trend higher, unless 57 gives way. Gold remains poised for lower lows, especially if it cannot rally back above 1480.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss