SEPTEMBER 26, 2022 — MONDAY AM
The ES and NQ have developed narrow pre-market ranges ahead of the RTH open, and while a bounce may occur, bears will be looking to sell into strength, as continued weakness is likely ahead. Any bounce could lead to another round of selling pressure, as the ES and NQ approach the low of the year. Crude Oil continues to work toward 75, and BTC and ETH have developed narrow 6-day ranges that could finally lead to a major downside break ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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