SEPTEMBER 12, 2022 — MONDAY AM
The ES and NQ are both trading within narrow ranges above wHI/wCL, which are the key levels to watch early this week. A failure to hold above wHI could open up a quick return back to wMID early this week. The ES is also testing key overhead resistance at 4100, and the NQ at 12800. Crude Oil has found acceptance back above 96, which could open up a return to mMID at 92. BTC managed to avoid a break of 18k, which is modestly bullish, while ETH remains above the important 1400 CLVN.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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