FEBRUARY 14, 2022 — MONDAY AM
The ES, NQ, BTC, and ETH are all rejecting prices below wLO/yLO, which is developing early bullish FNLs (Failed New Lows). Rejections at wLO opens up a return to wMID ahead, which could be hit early this week. BTC and ETH are attempting to develop higher lows after the recent bullish transition phase, which could mean major strength ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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