PivotBoss Pre-Market Video [October 02, 2020]: Gold Headed to 1981.70?

October 02, 2020 — FRIDAY AM

NOTE: Thank you for joining me for our Monthly Oultook on October 1! We covered a ton of charts, including $ZM,$TSLA, and more! Here’s the recording link to rewatch the event: https://www.youtube.com/watch?v=fUtWEKTu91Q

The ES, NQ, and CL are currently enduring quite a bit of selling pressure, with more downside likely ahead. The ES and NQ are turning down from a lower value relationship, which suggests a retest of mLO may be ahead. Crude Oil is likely headed to the key range low at 36.13, and Gold remains very bullish, with a shot to see 1981.70 ahead.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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