NOVEMBER 24, 2021 — WEDNESDAY AM
NOTE: This will be our last pre-market video until Monday, Nov 28, 2021. Happy Thanksgiving!
The ES and NQ are both trading below yMID, which could lead to a test of yLO. The market has developed a pattern of lower highs and lower lows, and today could print another one of those days. Once the morning move is spent, expect price action to quiet heading into the end of the day. Crude Oil is showing early signs of a bearish FNH, and below 78 could lead to weakness. Gold has reached our 100 point target, but more downside could be seen into 1760, where a trading range could develop between 1760 and 1800.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss