OCTOBER 01, 2021 — FRIDAY AM
NOTE: I will be hosting our next Monthly Market Outlook on Monday, October 4, 2021 at 4PM CT. We’ll be covering futures, stocks, crypto, and ideas heading into the end of the year. This is a free event that is open to everyone. Please use the following ZOOM webinar link to join: https://us06web.zoom.us/j/87605421711
The ES and NQ are showing early signs of rejection at mLO to begin the new month of trading for October. Will this be a strong enough low to lead to a return to mMID, or will the rally fade by the end of the day. Last quarter’s lows could be very important for rejection ahead, as well. Crude Oil remains below 75.52, and could return to 71.95 and 70.27. Gold reversed strongly off 1720, and may have developed a great range now from 1720 to 1840.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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