PivotBoss Pre-Market Video [June 21, 2021]: Bearish FNH in Crude

JUNE 21, 2021 — MONDAY AM

The ES and NQ have both pulled back from Friday’s lows, but are currently seeing a bit of resistance at/near the previous session’s midpoint, which is an important level to watch today. Bears want to keep this level offered for a shot at new lows ahead. Crude Oil has developed a bearish Failed New High (FNH), which could lead to an outside day down if yMID is taken out. Gold is still trying to find a strong low, and is currently holding in our 1760 support zone.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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