APRIL 06, 2022 — WEDNESDAY AM
MONTHLY OUTLOOK RECORDING: In the April edition of the Monthly Outlook, we cover the futures markets, stocks, several industry groups, and a good deal of crypto, as well. We talk Crude Oil and RTY, which are both at important inflection points in the charts. We also talk stocks, including $OLLI, $TWTR, $BLNK, $U, and more! We also talk crypto, including BTC, ETH, SOL, AVAX, ZEC, LUNA, ADA, XLM, and more!
Click here to watch the recording: https://www.youtube.com/watch?v=ecAhvAacxQY
The ES, NQ, BTC, and ETH are all seeing new lows for the week, as the ES and NQ surpass wLO. This weakness could trigger selling pressure ahead, which in turn, could provide a shake-out opportunity. Look for further weakness in the ES toward 4445 ahead, unless significant rejection occurs. Crude Oil continues to trade between 96 and 106. This pullback in BTC and ETH will be important.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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