September 28, 2020 — MONDAY AM
The ES, NQ, and CL are each up nicely in overnight trading, but are up against previous week’s high prices, and are now entering bearish PEMA trigger zones, which means a failure could occur. If these markets fail to hold these early gains, we could see lower highs develop, with new lows ahead. Gold has developed a very narrow range, which has developed at the key range low. This offers a prime buying opportunity for a return to value at 1957.7, with additional targets at 1981.7 and 2089.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss