March 27, 2020 — FRIDAY AM
NOTE: I will be hosting a Monthly Market Outlook next Wednesday, April 1, 2020 at 4:00pm CT in the PivotBoss Echofin Trading Room (https://pivotboss.echofin.co/). Sign up is FREE!
The ES and NQ has faded after yesterday’s trend day up, but watch the yday’s midpoints closely, as breaks through these levels open up the potential to retest yesterday’s lows. A break through 22 opens up much more selling pressure ahead. And Gold remains bullish, but may remain mostly within 1450 to 1700 for a while before it heads to 1800-1820.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss: http://pivotboss.com/secrets-of-a-pivot-boss/