March 31, 2020 — TUESDAY 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 are showing early signs of rejection at the previous session’s high and close prices, which suggests a return to the previous day’s midpoint, and perhaps the previous day’s low – which could lead to a bearish outside day down. Failure to hold 2600 and 7800 will be important. Crude Oil remains within a narrow intraday box, which could prove useful. And Gold may be due for a big rally to 1767. Details within the video.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss