JUNE MARKET OUTLOOK: Thank you for joining me for my Monthly Outlook webinar! Here’s the recording link for those who want to watch it again: https://pivotboss.com/2020/06/02/pivotboss-monthly-outlook-june-01-2020-90-minutes-of-chart-candy/
The ES, NQ, and CL are each trading lower from yesterday’s close, but will these pullbacks lead to more weakness, or another bounce? Until proven otherwise, all pullbacks remain buying opportunities, but keep in mind the NQ is right at major overhead resistance and may be due a broader pullback soon. Crude Oil has a super narrow range so far in pre-market trading, and GC remains within the developing 2-month trading range, with the 1700 key level below.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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