APRIL 12, 2022 — TUESDAY AM
All markets appear to be experiencing a strong pre-market rally, after rejections at yLO opened the door for a return to yMID. However, will this strength last? Crude Oil reached our first target of wCL today, and will likely continue toward 99.70 (wMID) ahead. Also, the 4-day narrow range in CL suggests a major breakout could be ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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