October 01, 2020 — THURSDAY AM
NOTE: I will be the PivotBoss Monthly Outlook for the month of October 2020. We will discuss seasonality for various markets, and will also look at several short term and long term candidates from both a long and short perspective. Please join using the following ZOOM webinar link: https://zoom.us/j/95099718532
The ES and NQ are showing early strength this morning and are testing the previous month’s midpoint early in the month, which could give us early directional bias with a break or bounce. Watch these levels closely. Crude Oil continues to trade within a developing narrow consolidation, which could trigger a move to an edge soon. Gold remains above the key range low, but bulls must now contend with PEMA bears in the daily timeframe.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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