APRIL 27, 2022 — WEDNESDAY AM
The market tanked Tuesday with bearish outside days and are still seeking strong lows. Until then, we could continue to see downtrending price action, with significant support ahead. The NQ is just shy of last year’s low, which could be a significant level of interest soon. Crude Oil continues to chop around the flat line for the month, and remains mostly compressed within the converging range. BTC and ETH are still searching for strong lows, with key support levels to watch just below.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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