January 20, 2021 — WEDNESDAY AM
The ES and NQ have both bounced out of the bullish PEMA trigger zone and are headed to new highs yet again. All pullbacks remain buying opportunities until proven otherwise. Crude Oil is range-bound at highs, but remains long term bullish above 50. Gold may be returning to 1981 after this week’s early rejection, but remains within the larger trading range still, which spans from 1765 to 1965.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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