JUNE 02, 2022 — THURSDAY 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
The ES and NQ are seeing modest strength in overnight and pre-market trading, but this strength could be used as a selling opportunity for late-day weakness, as the ES look to cement a new key range by reaching the 4004.88 level. A failure to find acceptance above mCL could trigger another wave of weakness ahead. Crude Oil has reached the 112 level, but is already seeing a strong rejection off the bullish PEMA trigger zone and the monthly pivot range, which could offer a buying opportunity for a push toward 125 early this month. BTC and ETH remain on the ropes, and could finally see a major flush ahead, as prices continue to teeter on critical support.
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