MAY 14, 2021 — FRIDAY AM
The ES reached the midpoint of this week’s impulse sell-off, which gives us a new key range to work with moving forward. The YM also reached its key range midpoint at 34100. This is important because it now gives us great key levels to use moving forward, including extensions. Keep an eye on yHI in both ES and NQ today, as any failure to hold above these levels could lead to a return back to yMID. Crude Oil is still trying to find the strength to push to 67.98, while Gold remains on a path higher, with 1850 and 1874.30 just above.
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