SEPTEMBER 15, 2022 — THURSDAY AM
The ES and NQ are both trading within super narrow ranges ahead of the RTH open. This is following the recent outside day selloff that was triggered by CPI data, which suggests more downside ahead on a swing basis. Continue to watch yHI for bull trap opportunities. Crude Oil’s is approaching major overhead resistance, which could lead to another downtrending move ahead. BTC may be headed for a retest of lows, and ETH may be headed for a test at 1400.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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