October 07, 2020 — WEDNESDAY AM
The ES and NQ both developed bearish outside days in the previous session, but are still stuck within the developing 8-day ranges. The NQ’s range suggests significant energy is building, which could lead to the next 1000-point move. Crude Oil continues to trade around its 40 magnet, and GC rejection at 1926 could lead to new lows ahead.
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