PivotBoss Pre-Market Video [March 4, 2021]: ES, NQ Holding at wLO

MARCH 4, 2021 — THURSDAY AM

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The ES and NQ saw new lows in pre-market trading today, and are now holding right at the previous week’s low, which opens the door to more downside price action ahead if bulls are not able to regain acceptance back above these levels. The ES has reached the Jan 27 FOMC Key Level at 3777.50, and a failure to hold this level opens up 3650 below. Crude Oil has pushed through 62 and could be headed to new highs if bulls can continue to defend this level. Gold remains poised for lower lows ahead.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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