APRIL 13, 2021 — TUESDAY AM
The ES has seen an early FNL, which has led to an early bounce, while the NQ has bounced off yMID. Look for further sideways-to-up price action within this melt up phase. Crude Oil remains within a compression that is also within a compression. We soon may see a move to an edge – likely 62. Gold appears to be forming another higher low, which could help fuel price to test 1765 above.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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