November 10, 2020 — TUESDAY AM
MONTHLY OUTLOOK: Thank you for joining me for our November Monthly Outlook. We discuss the broader market futures, seasonality tendencies, and key ranges for many of the biggest stocks, including $AAPL, $TSLA, $NFLX, and more! In case you missed it, or want to watch it again, here’s the link: https://pivotboss.com/2020/11/05/pivotboss-monthly-outlook-november-04-2020-key-levels-for-aapl-tsla-and-more/
The ES and NQ both developed bearish rejections in the previous session, with sell signals firing, too. The NQ has already sold off, but the ES is till holding above 35000 for now. These strong tops could suggests a midpoint retest of the recent impulse rally. The NQ has already reached this target, but the ES has a ways to go. Crude Oil is approaching resistance at 42, and Gold may see a bounce back to 1907 soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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