JULY 20, 2022 — WEDNESDAY AM
The ES and NQ both rallied tremendously during Tuesday’s trading, with each closing at the highs of the day. After high-range trend days, we tend to see a low-range fade day the following session. Rejections at yHI could lead to a pullback toward yMID today. Crude Oil has seen a modest pullback from recent lows. Will this offer another sell-the-rip opportunity ahead? BTC and ETH are experiencing the biggest rally we’ve seen in months. Will this strength last?
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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