MAY 24, 2021 — MONDAY AM
The ES and NQ have rejected yLO and are now above yMID, which suggests further strength ahead, as long as bulls can continue to keep yMID bid. Failure to hold 4140 in the ES and 13350 in the NQ on a closing basis could lead to another wave of weakness ahead. Crude Oil may have developed a new key range, and remains on path to test 68 ahead. The next pullback in Gold could be a great buying opportunity for a move to 1900.
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