MARCH 29, 2021 — MONDAY AM
The ES and NQ continue to trend higher after the strong lows that developed last Thursday. Further strength is likely to be seen early in the week, but the NQ remains range-bound until it can get through 13300. Crude Oil has developed a narrow 7-day range after the recent pullback, which could lead to a strong move higher once it can get through 62. Gold remains within a narrow 2-week trading range, and could be due for a breakout soon. Below 1715 opens up 1620-1650.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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