August 25, 2020 — TUESDAY AM
The ES has gotten a significant breakout from the 13-day narrow range, which suggests more upside ahead. A pullback between 3380 and 3400 could offer a buy-the-dip opportunity for a push higher into 3538. The NQ could pullback as deep as 11300 and 11400 and could lead to a push toward 12k. Crude Oil has developed a narrow 15-day range and is poised for expansion soon. We discuss the upside targets ahead. Gold may be due for another flush. I discuss the key range trades to watch out for.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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