APRIL 16, 2021 — FRIDAY AM
The ES and NQ remain bullish and continue to push higher within the developing melt up phase. Any pullback remains a buying opportunity until proven otherwise. Crude Oil is retesting the breakdown point of 63.50 from below, which is a key level to watch for short term directional bias. Gold has developed a second higher low and is now above 1765, which could open up a move to 1875 down the road.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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