April 13, 2020 — MONDAY AM
The ES and NQ continue to trade near recent highs, with the NQ developing a narrow 4-day range at theses levels. Directionally, the market remains short term bullish, but earnings this week could throw a wrench into that. Watch 2700 closely in the ES, and 8000 in the NQ. Crude Oil is trying to hold 22s for a shot at a bounce, and Gold remains on a path higher.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss