PivotBoss Pre-Market Video [April 7, 2021]: Buy Morning Weakness?

APRIL 7, 2021 — WEDNESDAY AM

MONTHLY OUTLOOK RECORDING: Thank you for joining me for our Monthly Outlook webinar! Here the recording link in case you missed it, or want to rewatch it: https://www.youtube.com/watch?v=SYQe6N1mr2o

The ES and NQ have both pulled back modestly from the previous session’s close price and are now approaching yLO. Given the previous session’s narrow ranges, we could see outside day’s develop today under the right circumstances. Any morning weakness could be bought for a shot at bullish outside days later in the day, but a strong rejection must first be seen. Crude Oil remains within the developing narrow range, and Gold bulls need above 1750.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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