April 02, 2020 — THURSDAY AM
The ES and NQ are showing resistance off the 2500 and 7600 levels, respectively. This is the pivot to watch for the day, as weakness will be seen below it, and strength above it. Overall, these markets remains within very narrow 7-day ranges, and a major breakout could be seen soon. Crude Oil has overtaken the 20.50 level, which opens up 24.50 above, and watch 1630 in Gold.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss