JULY 19, 2021 — FRIDAY AM
The ES, NQ, and Crude Oil are each selling off today, with Crude leading lower by over 3.50%. The ES has pulled back sharply, and resembles many of the pullbacks in the recent past, which have seen bullish responses in the days that follow. While further weakness could be seen today, expect a bounce opportunity Tuesday. Crude Oil may be headed to 64.50, and Gold is developing a strong higher low that could boost price to 1863.80 soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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