JANUARY 11, 2022 — TUESDAY AM
The ES and NQ both developed strong reversal days Monday, but the NQ took out mLO to do it, making it a stronger low by comparison. Overall, the midpoint of the rejection day is very important, and bulls need to keep price above it by end of day. We’re on Fed Watch with Fed Chair Powell due to testify at 9am CT, which could trigger some volatility. Crude Oil remains bullish, and we got our first key test at 40k in Bitcoin. Will Ether futures get a test of 2750?
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
Please include gold to your market analysis