SEPTEMBER 22, 2021 — WEDNESDAY AM
The ES and NQ are showing early signs of strength following higher lows in overnight trading. The ES bounced strongly off the 4300 key level, and is now trading above yMID. If the ES and NQ can close above yMID today, it will go a long way toward seeing a bounce ahead. The ES may begin to see a rally off the lower channel boundary. Crude Oil is struggling with yHI, and Gold is back above 1760. We also have Fed on Deck today.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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