December 04, 2019 — WEDNESDAY AM
The ES and NQ have bounced from overnight lows, but are now testing major overhead levels at 3100 and 8300, respectively, which we’ll want to watch closely for signs of failure/rejection. Crude Oil has broken through 2-day highs and could be headed toward 58.50, and Gold is bouncing out of the 1475-1480 buy zone for a shot at 1495.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss