SEPTEMBER 07, 2021 — TUESDAY AM
The ES and NQ remain within very narrow 5-day ranges, which continue to develop at highs. Eventually, a breakout could trigger solid expansion out of these ranges. A downside breakout could lead to a 4-day pullback that could offer a great buying opportunity for expansion later in the month. Crude Oil is up against a major upper trend line, which could lead to broader weakness ahead. Shorter term, a developing 60min buy signal could lead to strength within it’s multi-day range. Gold hit our target range of 1835-1840 and could now be range-bound between 1760 and 1840.
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