MARCH 30, 2021 — TUESDAY AM
The ES and NQ have pulled back from yesterday’s closing prints and are looking for a morning low. A morning rejection could lead to another round of afternoon strength ahead. The ES needs above 3950. Crude Oil failed to get an upside break through 62, and is instead appears poised for a bearish outside day. Gold got a strong downside break from the narrow range yesterday, and is now showing a solid downside continuation this morning. Look for price to continue toward the 1620-1650 zone.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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