NOVEMBER 14, 2022 — MONDAY AM
The ES and NQ are trading at 20% of ADR heading into the RTH open, which is super narrow. These ranges have formed inside Friday’s range, which could lead to further 2-day range-bound action. Look to fade the edges, with an upward bias. Crude Oil continues to build within its developing triangle, and Gold appears poised for 1830. ETH is close to developing a new key range.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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