JUNE 28, 2021 — MONDAY AM
The ES, NQ, and CL have developed very narrow ranges ahead of the RTH Open. Each market remains within a very bullish structure, and all pullbacks remain buying opportunities. Higher value relationships have developed heading into July, so any early pullback to begin the month of July could lead to a solid rally into the end of the month. Gold has developed a narrow 7-day range, which suggests a breakout move of about 100 points. Continue to watch support at 1760, as a breakout from this range could lead to big movement.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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