JUNE 01, 2022 — WEDNESDAY AM
MARKET OUTLOOK: Please join me for our PivotBoss Monthly Outlook for June 2022 on Thursday, June 2 at 4PM CT. We’ll discuss the current state of the market, and will analyze the charts for futures, stocks, and crypto. We’ll also talk prospects as we head into the last month of Q2. This is a FREE event for anyone who wants to attend. See you soon! WEBINAR LINK: https://us06web.zoom.us/j/85330435654
An early pullback this month in the ES and NQ could see bulls attempt to defend prices for a shot at higher highs ahead. Watch the monthly pivot range below for signs of support early this month. Crude Oil saw a significant rejection of the 120 level yesterday, and a retest of the 116.50 to 117 zone could provide bears an opportunity to sell morning strength for late-day weakness today, with downside targets at 112 and 107.85 over the next few days. BTC and ETH closed Tuesday’s trading with big gains, but is this enough to jumpstart a move higher?
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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