January 14, 2020 — Tuesday AM
The ES has developed a very narrow 4-day range, which we’ll watch for expansion soon. Crude Oil is attempting to reject the previous session’s low price, which could lead to near term strength ahead…but needs above 59. Gold is still sitting in the bullish trigger zone, and is now rejecting the previous week’s low price, which could lead to a swing move higher.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss