APRIL 26, 2021 — MONDAY AM
The ES and NQ have developed narrow overnight trading ranges heading into the RTH open. These ranges have developed at the tops of their respective trading ranges. If these stay within the recent framework, we may see an intraday downside break from these narrow ranges that leads price back to the bottom of the trading ranges. All pullbacks remain buying opportunities. Crude Oil remains mostly range-bound, so look to fade the edges. Gold is on a pullback phase, and any bounce off 1750 or higher could lead to a move to 1825 and 1875.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss