DECEMBER 09, 2021 — THURSDAY AM
The ES, NQ, CL, and Gold are all trading within narrow 2-day ranges. We may see further range-bound action until expansion occurs. Given the recent upside push, any break to the downside could offer a buying opportunity ahead. Crude Oil has seen a major rejection of 2-day highs, and is headed for yLO today. Gold remains within a developing narrow 7-day range to begin the month of December. A breakout move of about 80 to 100 points could be in the making.
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