March 05, 2020 — THURSDAY AM
The ES and NQ are currently trading below the previous session’s low price, which suggests a return to the previous month’s close price later today if price cannot reestablish acceptance back above these levels. Crude Oil has developed a narrow 3-day range, and could be due for expansion soon. Watch 46 closely. Gold remains bullish, and continues to trade within the larger impulse key range.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss