August 12, 2020 — WEDNESDAY AM
MONTHLY OUTLOOK RECORDING: Thank you for joining me for our August Monthly Outlook webinar Monday afternoon! Please click on the PivotBossTV video playlist at https://pivotboss.echofin.co to view the recording.
Watch 3360 in the ES and 11k in the NQ. Failure to get above these levels could lead to a broader pullback in the near term, especially in the case of the NQ. Crude Oil is still having trouble finding acceptance above 42.50, and Gold may have found a strong low, which suggests a bounce back to the impulse midpoint to create a key range.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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