December 08, 2020 — TUESDAY AM
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The ES and NQ remain within the current bullish trend, and the ES appears to be developing a FNL, which would suggest more upside ahead, especially if price can remain above yLO. Any pullback should still be considered a buying opportunity until proven otherwise. Crude Oil is again testing the bullish PEMA trigger zone, and may see a bounce attempt ahead. Gold hit our 100-point target in the 1870s after rejecting the 1770s over a week ago. Continue to watch the 1870s for the next major move.
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Frank Ochoa
Author, Secrets of a Pivot Boss
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