OCTOBER 25, 2021 — MONDAY AM
The ES and NQ remain within bullish trending markets, but are currently holding at highs within narrow developing ranges. A FNL could provide a bear trap and rally, especially in the case of the 5-day narrow range in the NQ. Crude Oil continues to make its way to our 86 target price, and Gold remains within the range, but could see significant weakness once prices hits the 1835 to 1840 zone.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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