JANUARY 12, 2022 — WEDNESDSAY AM
The ES, NQ, BTC and ETH have each rallied from strong lows, and remain above yHI heading into Wednesday’s RTH Open. Look for further strength ahead, but watch yHI for early signs of rejection. Bitcoin and ETH have both bounced nicely from recent lows, but are now entering a bearish PEMA trigger zone, which could provide some headwinds. Crude Oil remains on path to reach the top of the newest market structure at 86.
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