SEPTEMBER 13, 2021 — MONDAY AM
The ES sold off Friday after rallying pre-market into yMID. Will Monday turn out the same? The ES and NQ are both pushing higher in pre-market trading toward yMID, but remain within a short term downward trend. Bears will look to defend yMID for another shot at new lows today. Bulls need to close the day above yMID to suggest the pullback is over. Crude Oil is holding above the important 70 key level…for now. Gold is headed lower within the 1760 to 1840 trading range.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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