February 3, 2021 — WEDNESDAY AM
The ES, NQ, CL, and GC are each trading within very narrow overnight and pre-market ranges. The ES is trading just 24% of average range, which is extremely narrow. Failure to hold yCL opens up a return to yMid some time today. However, the overall trend remains bullish from a higher timeframe perspective, until proven otherwise. Crude Oil continues to see expansion, and remains on a path toward 58-60. Gold remains unable to get back above 1880, and could be headed to 1800, or lower, if price cannot get above mCL soon.
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