August 18, 2020 — TUESDAY AM
The ES and NQ are sitting near recent highs, and are on the verge of further expansion. The 7-day narrow range in the ES forecasts a breakout move of about 140 points soon. Crude Oil needs to stay above 42.75 for intraday strength, and Gold needs to stay above 1980 for a shot at 2100 soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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