August 19, 2020 — WEDNESDAY AM
The ES and NQ have quietly rejection yHI and yCL, which could open the door to retesting yMid and perhaps testing yLO in as bearish scenario. However, every pullback is still a buying opportunity until proven otherwise. Crude Oil is trading an inside day ahead of the RTH open and continues to trade within a low-volatility state. Gold needs to stay above 1975 in order to continue to 2100.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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