JUNE 18, 2021 — FRIDAY AM
The ES is attempting to reclaim acceptance back above yLO, while the NQ is attempting to stay above yMID. Any failure to hold these levels could lead to a further selloff ahead. Crude Oil has pulled back over the last three days, and could begin to offer a buying opportunity for a return to 72 and a continuation to 76. Watch for signs of rejection soon. Gold remains bearish until, but watch 1760 for signs of rejection ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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