September 24, 2020 — THURSDAY AM
The ES and NQ have seen additional selling pressure in overnight and pre-market trading after yesterday’s bearish outside days developed. Further selling pressure is likely to occur until the market can find a strong low. Crude Oil developed a sell signal in the previous session and bears are currently defending 40 for a shot at returning price to 37.50. Gold is in the ideal buy zone if a rejection develops.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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