December 06, 2019 — FRIDAY AM
The ES and NQ have shot higher during pre-market trading after a strong NFP report was released. Expect the ES and the NQ to remain strong throughout the day, as long as they continue to hold above the breakout points – 3125 for ES, and 8345 for NQ. Crude Oil has rejected the previous month’s high price and could be headed much lower ahead, and Gold is testing a very important 1470 level.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss
