PivotBoss Pre-Market Video [November 07, 2022]: Markets Await Midterms, Inflation Data

NOVEMBER 07, 2022 — MONDAY AM

The markets are awaiting the results of the midterm elections in the US, in addition to inflation data later in the week. We may see mostly range-bound action ahead of late-week volatility. Watch wMID in the ES for early direction bias. Crude Oil may be due for a rally ahead, especially if price pushes through 94s. Gold is testing prices above 1680, which could open the door to 1740.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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