APRIL 12, 2021 — MONDAY AM
The ES and NQ remain within very bullish trending markets. Any pullback remains a buying opportunity on a swing basis, and watch yMID for rejections today, as the market has not been testing yLO during this stretch of strength. Crude Oil has developed a bullish outside day and appears to be breaking through the top of a 60min triangle at 60, which could trigger a move to the top of the larger range at 61.50 to 62. Gold needs a strong higher low to push through 1765 and into 1875.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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