DECEMBER 03, 2021 — FRIDAY AM
The ES and NQ have both bounced from overnight lows, but are now battling yHI. A rejection of yHI could open up a return to yMID and yLO. Crude Oil remains bullish after Thursday’s strong low. We’re expecting a continuation to 70.83 to mint the new key range. Gold is approaching the 1760 level, which could provide a fade opportunity soon. A break of 1760 opens up 1720.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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