April 24, 2020 — FRIDAY AM
The ES and NQ are currently testing the previous session’s midpoint after rejecting the previous day’s low price earlier in pre-market trading. If price can find acceptance through yesterday’s midpoint we could see a bullish outside day develop. Overall, the ES and NQ are developing narrow 2-week ranges that could lead to major expansion ahead. Crude Oil has reached our 18-19 zone, and could be headed a bit higher. Gold remains on a path toward 1800+.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss: http://pivotboss.com/secrets-of-a-pivot-boss/