OCTOBER 11, 2022 — TUESDAY AM
Monday’s session was mostly range-bound after Friday’s selling pressure, as the market digested recent weakness. Look for the market to trade mostly within a 2-day narrow range ahead of inflation data later this week. The ES is very close to seeing a break of the 3600 level, which could open up the downside key range targets ahead. Crude Oil bulls need to keep prices above 86/87 for a shot at 97s above. BTC and ETH are still building energy for the next move lower.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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