March 10, 2020 — WEDNESDAY AM
The ES and NQ have already pulled back to the previous session’s midpoint, which has been a key trade in these markets during times of high volatility. Can bulls keep prices above recent lows? If not, there may be another big move coming. Crude Oil is attempting to stay above 33.50-33.00 for a shot at pushing back toward the midpoint of the impulse sell-off at 38. Gold may see another push toward 1700 soon.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss