February 4, 2021 — THURSDAY AM
The ES, NQ, and CL are each trading within very narrow ranges heading into the RTH open. The ES is trading inside the previous session’s range and continues to hold near highs. The NQ is developing a bullish FNL that could lead to modest strength ahead, while CL is consolidating at highs after the recent rally. Overall, any pullbacks remain buying opportunities given the short and medium term trends. Gold may have finally begun to slide, with 1800 and 1766 as potential downside targets in the days ahead.
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