DECEMBER 07, 2021 — TUESDAY AM
The ES and NQ are up big this morning, as the market has rallied in overnight and pre-market trading ahead of the RTH Open. However, the ES and NQ are still testing (or below) mMID, and remain within continuing downtrends. Will a failure and reversal occur? Crude Oil has hit our 70.83 target, which mints the new key range, and Gold may still need a proper test of 1760 ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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