FEBRUARY 02, 2022 — WEDNESDAY AM
MONTHLY OUTLOOK RECORDING: In the February edition of our PivotBoss Monthly Outlook, we take a look at the recent sell-off and the key ranges left behind. These key ranges in ES, NQ, and YM give us a blueprint to use the rest of the year. We also talk stocks, including $AMZN, $RIOT, $RIVN, $RBLX, and more! We talk crypto currencies, as well, including BTC, ETH, DOGE, AVAX, SOL, MANA, and more! Watch here: https://www.youtube.com/watch?v=jthXZw5ReYc
The ES and NQ are trading within narrow ranges to begin the session yet again, which has typically led to late-day strength the last few days. Watch yCL, however, as a failure below this level could lead to a retracement after the recent rally. The Crude Oil narrow 4-day range suggests a 6-point move could be ahead. Continue to watch mMID for confirmation of a trend reversal in BTC and ETH.
Here are FOMC Key Levels for JAN 26, 2022: ES 4412.75, NQ 14478.5, CL 87.22, GC 1828.9, RTY 2032, YM 34467, ZB 155’08, $DXY 96.124, 6B 1.3502, 6E 1.1295, BTC 37975, ETH 2602
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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