April 17, 2020 — FRIDAY AM
The ES and NQ gapped up in overnight trading and are now trading within very narrow ranges at highs. These are curious ranges that are now developing at/below important overhead key levels. Is the market ready for a pullback? Crude Oil may be headed higher if it can hold 24.50 after the rollover gap. Gold is beginning to bounce off 1700 and could be headed to our next target of 1831.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss: http://pivotboss.com/secrets-of-a-pivot-boss/