JULY 25, 2022 — MONDAY AM
The ES and NQ are both trading within narrow, inside day ranges heading into the RTH open, as the market awaits the FOMC Statement and Rate Decision later this Wednesday. We could see further range-bound action ahead of Wednesday’s news. If the ES and NQ can both remain above mMID, we could see an attempt at mHI ahead. Crude Oil may have found a short term low at 93, and could see a return to wHI at 101 ahead. BTC and ETH have rallied recently, but can they hold on to gains?
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