MARCH 02, 2022 — WEDNESDAY AM
MONTHLY OUTLOOK RECORDING: In the March edition of our PivotBoss Monthly Outlook, we discuss the key range rejections that developed in the ES and NQ, and how ongoing headline risk continues to put pressure on equities and the broader market. We also discuss major market structure for Crude Oil, which could push price to 113, and perhaps as high as 145-150. We discuss the bullish potential of Gold in the months ahead, and also Silver and it’s recent bounces off support. Industry groups are also our focus, as we discuss the Solar, Defense, Ag Chem, and EV Automakers groups. We also talk crypto, and discuss BTC, ETH, AVAX, SOL, MANA, and more!
Watch here: https://www.youtube.com/watch?v=vBclHTVf_34&list=PLrJWtDEJJOIdbtpWbXtg1ZfSbhIPMRFdc
MASTERS LIVE SESSIONS: PivotBoss Masters LIVE SESSIONS are this week! If you’re a member of PivotBoss Masters, this week of Live Sessions is FREE to you. Log in to the PivotBoss Masters Dashboard to view the schedule here: https://pivotbossmasters.com/masters-training/#live
NOT A MEMBER OF MASTERS? Please visit https://pivotbossmasters.com/profits/ to learn more!
The ES and NQ are both trading beyond yHI at the moment, and also above 4-day highs. A failure to hold above these levels could lead to a bull trap and a bearish reversal. Until then, however, bulls are attempting to keep prices above wCL, which remains bid today. Crude Oil hit our next 10-point edge at 116, and remains on a path for further price discovery toward the 145-150 zone over the course of the coming weeks. BTC and ETH are trading within narrow 3-day ranges, but a bullish shakeout rejection could lead to a major move ahead.
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