January 02, 2020 — THURSDAY AM
The ES and NQ remain bullish and are beginning the year with a strong start. But keep an eye on the previous month’s high price, as any major rejection here to begin the year could trigger the first pullback phase within the current bullish trend. As of now, all pullbacks remain buying opportunities until proven otherwise. Crude Oil is testing 61s, and Gold may be breaking out. Here’s what to watch to begin the new year.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss