AUGUST 23, 2022 — TUESDAY AM
Given the 2 days of selling pressure in the ES and NQ, bears will be looking to sell morning strength for a shot at new lows ahead. The next support level down is 4080 for the ES. CL developed a bullish FNL Monday, which could lead to another day or two higher into the 95 resistance level. BTC and ETH are sitting on key support levels, which will tell us a lot soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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