FEBRUARY 08, 2022 — TUESDAY AM
The ES and NQ continue to trade within a very narrow range to begin the week, which has developed right at the previous week’s close price in the center of last week’s range. A breakout is likely coming at some point this week, and a downside shake out leg could provide a great opportunity to look for higher low or lower low failures. Crude Oil has pulled back early today, and could be a great buying opportunity ahead of the next move to 96 soon. After two strong days in BTC and ETH, we’re seeing a bit of a pullback. Will the next pullback create higher lows? Higher lows off 40k in BTC and 2750 in ETH could provide a tremendous bounce ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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kindly include the gold~