APRIL 07, 2022 — THURSDAY AM
The ES and NQ remain below wLO and are seeing signs of another inverted checkmark trend day down…which means new lows could still be ahead today. Above wHI could squeeze nicely, but we need a strong rejection first. Crude Oil is testing prices below 95-96, which could provide a buy opportunity soon. Bitcoin and Ether futures have pulled back nicely into the monthly pivot range, which could provide the next buying opportunity ahead. However, these markets need to hold mMID.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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