OCTOBER 25, 2022 — TUESDAY AM
The ES and NQ are trading within super narrow ranges ahead of the RTH Open. The ES is sitting just below resistance, and could see an attempt for an upside break soon. Failure of this move could lead to another rotation back within the broader range, with support at 3600, however. Crude Oil is developing a narrow 7-day range, which could fuel the next 10 to 12 point move. Gold may see another rotation down unless it can push through 1680 soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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