SEPTEMBER 10, 2021 — FRIDAY AM
The ES has seen overnight and pre-market strength back toward yMID of 4507.5. But given the recent downtrend over the last week, will morning strength be sold in the ES? Failure to get through 4507s would suggest weakness, as would a failure to stay above 4500. The NQ remains within a very narrow 8-day range, and could be due for a breakout soon. Crude Oil remains within a 13-day narrow range, and continues to build energy near the major upper trend line. Gold still on a short term move back to 1760.
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Frank Ochoa
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