OCTOBER 28, 2021 — THURSDAY AM
The ES is currently on a mild pullback phase, while the NQ trades within a 2-day range at highs. Each remains within very steep bull trends, and any pullback may offer another chance to push to new highs. We’re still keeping an eye on qHI for signs of rejection or failed acceptance. The daily chart shows Crude Oil may be developing a strong low after the recent 4-day pullback. If the low is in, then a target of 86.50 may be ahead. Gold still headed to the 1840 target zone.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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