December 05, 2019 — THURSDAY AM
The ES and NQ are testing important 2-day highs from below, which could give us a great indication of a breakout for failure very soon. Acceptance above this zone could rally prices back toward recent highs, while a failure here could lead to another round of selling pressure. Crude Oil is testing a key zone near 59s, while Gold needs to stay above 1472-75 for additional strength to be seen.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss