August 13, 2020 — THURSDAY 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.
The ES and NQ are holding near the highs of current 4-day ranges, which is narrow in the narrow of the ES. Given the overall trend, expect these ranges to break to the upside for new highs ahead. On an intraday basis, watch 3360 and 11100 for signs failure for a return back to the trading range lows. Crude Oil continues to trade 42.50, and Gold is headed for 1981.70.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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