MARCH 11, 2021 — FRIDAY AM
The ES and NQ have each pulled back after Thursday’s strength, as we indicated could happened in our trading room yesterday afternoon. But how will the market respond after today’s Fade After Trend Day? The NQ needs to hold 12700 for a shot at 13313 ahead, while the ES bulls need to hold 3900 for a shot at a new all-time high today. Crude Oil has pullback back into our 65.50 buy the dip zone for a shot at prices above 67 today, and Gold is in the process of another sell-the-rip playing out. Keep an eye on 1705 for a shot at intraday strength, however.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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frank do we get the bottom study of pb oscillator ? thanks