SEPTEMBER 16, 2021 — THURSDAY AM
The ES and NQ have both pulled back in overnight and pre-market trading, which is providing a buy-the-dip opportunity for a continuation higher the rest of the day. If bulls can push price through 4480 in the ES, it opens up quite a bit of upside, with a swing continuation likely to follow. NQ bulls need above 15525. Crude Oil has pulled back after a strong trend day yesterday. This digestive day could lead to more strength ahead into 74s. Gold is seeing crushing weakness today, which has taken it back to the 1760 market structure level. Watch this level for a break or bounce.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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