SEPTEMBER 21, 2021 — TUESDAY AM
The ES and NQ rallied strongly to close the session Monday afternoon, and prices have continued to push higher in overnight and pre-market trading. Are these strong lows? While the 60min charts appear to be strong, there is still overhead resistance above, like the 15,200 level in the NQ. If Crude Oil cannot stay above 70, then a 3-point decline may be ahead. Gold is back above 1760, and could be headed back to 1840.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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