June 25, 2020 — THURSDAY AM
The ES and NQ are trying to hold above the previous session’s lows, which could lead to a short term bounce higher, or perhaps even an upside breakout through the top of the 7-day narrow range in the case of the ES. Failure to hold yLO could lead to a major downside continuation. Bulls need back above 3063 or things get very bearish. Crude Oil may still be headed to 34, and Gold has a big retest coming of 1750-1760.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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