August 10, 2020 — MONDAY AM
MONTHLY OUTLOOK: I’ll be hosting my Monthly Market Outlook for the month of August today (Monday, Aug 10) at 4pm CT. It’s free to attend, and I would love to see you there! The outlook will be livestreamed in the #PivotBossCommunity room at https://pivotboss.echofin.co. Looking forward to seeing you later today!
The ES and NQ remain on a path higher after breaking decidedly through the tops of their respective key ranges, which suggests more upside price action toward the next key range targets. Any pullbacks into the PEMA trigger zone will likely remain buying opportunities until proven otherwise. Crude Oil remains at the center of a large multi-week trading range, and Gold remains on a path to 2211.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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