December 17, 2020 — THURSDAY AM
The ES and NQ have reached the previous week’s highs, which was our target from Monday morning’s pre-market video. Now that we’ve reached the highs, will price rotate back within the two-week trading range, or will we see further upside ahead? We may be at a cycle high, which means a short term pullback may be ahead. Any pullback is still a buying opportunity until proven otherwise. Crude Oil continues to push toward 50, and Gold has broken back above 1880, which opens the door to 1960 to 1980 above.
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