AUGUST 02, 2022 — TUESDAY AM
The ES and NQ are both holding within relatively narrow ranges over the last two-plus day, and is currently seeing a modest pullback to begin the new month of trading. Will this early pullback offer a buying opportunity this month? A strong rejection of prices at or below 8PEMA could trigger an opportunity to defend the early month pullback for a shot at strength later in the week and month. CL is sitting on significant support at 93.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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