January 29, 2021 — FRIDAY AM
The ES, NQ, and YM are showing early signs of strength again, very similar to Thursday morning, as 60min and daily timeframe buy signals are developing across the board. This pullback in the daily timeframe suggests more upside ahead, especially if market structure continue to hold. The ES is still working to the upside 3976 target, and the NQ is working toward 14200. Crude Oil remains stuck in a 3-week trading range, but remains bullish as long as it continues to hold 50. Gold is trying to get over the 1874 hump, which opens up 1960 above.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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