SEPTEMBER 09, 2022 — FRIDAY AM
MARKET OUTLOOK RECORDING: In the September edition of the Monthly Outlook, we discuss bull traps and seasonality. Will Wednesday’s rally be an opportunity for bears to trap the bulls? We discuss what to look for in case of another bull trap ahead. We also talk seasonality for the ES, NQ, Crude Oil, and especially Nat Gas. We also talk stocks, including $CROX, $TSLA, and more! Recording link: https://www.youtube.com/watch?v=mpCzeisyxqI
The ES and NQ continue to push higher following Thursday’s strength, with wHI as the next upside target. Keep in mind, this developing 3-day bounce could still be met with resistance for another swing move down in the days ahead, but above 4100 in the ES could give the bulls the upper hand. Crude Oil is looking for a major retest of 86 from below, which could lead to a snapback rally to 92 and higher. BTC is rallying big time today, and is up 9% already, which was sorely needed from this crypto, as ETH continues to outperform.
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