JUNE 17, 2021 — THURSDAY AM
The ES and NQ have both pulled back from the newly-minted FOMC key levels since yday afternoon. Watch 4210 and 13985 for intraday strength and a potential retest of those levels above. Failure to hold 4190 and 13850 could lead to much more selling pressure ahead. Crude Oil has hit our 50% Key Range target, and could headed to the next one at 76.72 soon. Now that Gold has given up mMID, more downside will likely be seen toward wLO.
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