NOVEMBER 12, 2021 — FRIDAY AM
The ES and NQ are trading within very narrow 2-day ranges and are currently trading around the apex of these patterns. We may see further compression ahead, with the potential for expansion later in the day. Watch these ranges closely. Swing bulls want to be patient for a test of wLO and 78s in Crude Oil. Any pullback in Gold could offer a buying opportunity for a push to 1920.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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