AUGUST 17, 2022 — WEDNESDAY AM
The ES and NQ are currently experiencing a countertrend pullback, which could become a buying opportunity for another swing move higher. The bullish PEAM trigger zones below could provide the zone to watch for a bounce. Crude Oil is barely hanging on to the 87 edge. A break of this edge walks price back down the January range, which could mean 75 may be ahead. BTC needs above 25,300, and ETH may see a bounce off the PEMA trigger zone ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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