February 28, 2020 — FRIDAY AM
The ES and NQ put in new overnight lows and are still searching for a strong low. At some point, a rejection will occur that will open the door to a bounce-back opportunity. Until then, we must be patient. Crude Oil remains on a path to 42.50, which may open the door to a tremendous buying opportunity. Gold is doing battle at 1620.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss