February 04, 2020 — TUESDAY AM
NOTE: I will be hosting a FREE Monthly Market Outlook webinar for the February this afternoon at 4pm CT. Please visit the #PivotBossCommunity room at https://pivotboss.echofin.co. See you at 4pm!
The ES, NQ, and CL have had a strong overnight and pre-market trade, as the equity futures are approaching major overhead key levels. Crude Oil is still trying to reject support at 50, which is something we’re going to continue to watch. Gold has pulled back to the midpoint of the previous month’s range, which is a major level to watch for both bulls and bears.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss