June 24, 2020 — WEDNESDAY AM
The ES has developed a narrow 7-day range below the 3150 resistance level. This range currently forecasts a breakout move of over 300 points to come. The NQ continues to hold at the key range high of 10155.50. Is this a bear trap developing, or will we see a further upside break and continuation? The 10155.50 level is the key level to watch. Crude Oil may be headed back to 34 if it can’t get back above 40.50 soon, and Gold may be seeing an upside break, which may take it to 1831 and 1957.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.co
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss