APRIL 19, 2022 — TUESDAY AM
The ES and NQ are seeing early rejections at yHI, which could open the door to a push to yLO ahead, creating bearish outside days. These markets remain within clear downtrends at the moment, which means more downside is likely ahead until we see a significant rejection day. Crude Oil is testing the 105 level, which is the key pivot to watch today. Bitcoin has developed a new daily buy signal off the 38500 level, which suggests short term upside ahead. The same applies for ETH.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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