February 12, 2020 — WEDNESDAY AM
Fed Chair Powell testifies again this morning at 9am CT, and again the market will be listening, with a shot at seeing increased volatility in the days that follow. Overall, the ES and NQ remain bullish, and any pullback offers another buying opportunity. Crude Oil has developed a narrow 8-day range, which I quantify using my Advanced ADR indicator, and Gold remains range-bound.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss