FEBRUARY 18, 2022 — FRIDAY AM
The ES and NQ enduring selling pressure in the 7AM CT hour this morning, and is teetering on the edge of further downside price discovery. The market continues to endure headline risk pressures, which could lead to a risk-off situation heading into the extended-holiday weekend in the US. Crude Oil is now likely trading within a trading range between 86 and 96. This Bitcoin retest between 37500 and 40000 is very important, as is the retest of 2750 in ETH.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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