PivotBoss Pre-Market Video [February 26, 2020]: Snap Back Reversal Coming?
February 26, 2020 — WEDNESDAY AM
The ES and NQ have sold off tremendously over the last five sessions, but could be due a snap back reversal soon, as the market may make a move to the midpoint of the impulse sell-off soon. The daily charts are showing early signs of rejection that could lead to a bounce over the next 3-5 days. Crude Oil is back below 50, and Gold remains on a path higher.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss