PivotBoss Pre-Market Video [November 22, 2022]: Crude Oil Rejection

NOVEMBER 22, 2022 — TUESDAY AM

The ES and NQ are both trading quietly higher in pre-market trading, and could make a move for yHI later today. But expect prices to remain mostly within the developing 8-day narrow ranges. Crude Oil tested the key range low at 76.25 and saw a strong rejection, which means 85 could be the next target. Gold appears headed lower, especially if 1738.50 is taken out.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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