MAY 09, 2022 — MONDAY AM
The ES, NQ, and BTC have each hit new lows for the year, and are not currently showing any signs of strength. We may see a further downside price discovery phase ahead, as last year’s lows are now in view for the NQ and BTC. Watch wLO for signs of a potential relief rally, but any bounce could be used as an opportunity to sell yet again. Crude Oil remains within its larger trading range, which spans from 95 to 115. ETH is down over 11%, with 2000 coming into view.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss