July 22, 2020 — WEDNESDAY AM
The ES is currently trading above the key range high, and has been trading above this high for the last few sessions. This is an important zone for the ES, as an ability to continue to hold above the key range high, and 3200 in general, could begin to lead price to the upside targets of 3300 and 3385. Failure to hold 3200 could open up a short term pullback ahead. The NQ remains strong, as bulls continue to defend the PEMA trigger zone, and Crude Oil is attempting to make 41 support. Gold remains strong, and has finally got an explosive move out of the narrow 7-day range that we’ve quantified recently.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
If you are not yet a member of our PivotBoss Premium Trading Room, get 50% off of your first month (that’s only $49.50!). You get access to futures trades and stock and options trades. You also gain access to to our powerful library of OnDemand video training and PivotBoss proprietary indicators and tools. Trust me, it’s the best $49.50 you’ll ever spend on a trading room experience. Use this link to learn more: https://pivotboss.com/trialoffer
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