PivotBoss Pre-Market Video [July 05, 2022]: FNHs Leading to Early Weakness

JULY 05, 2022 — TUESDAY AM

The ES and NQ are both rejecting yHI and multiple-day highs to push lower in pre-market trading. This could open up further weakness ahead, with wLO likely in sight early this week. Crude Oil is also pushing down after a bearish FNH, and could be looking at targets between 95 and 100 ahead. BTC and ETH continue to build energy for the next big move, which could be to the downside yet again. NFP Report is on Friday, which could lead to an increase of volatility soon.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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