June 29, 2020 — MONDAY AM
The ES and NQ have developed narrow ranges heading into today’s RTH trading, which have formed at the previous week’s low and close prices. Watch these ranges closely, as a breakout could trigger early movement this week. Bulls need above 3030 and 9900, respectively. Crude Oil is developing a 3-day narrow range, which suggests a move of about 4.5 points is coming, and Gold targets for the next month put price between 1845 and 1875.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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