NOVEMBER 28, 2022 — MONDAY AM
The ES and NQ are trading within narrow ranges ahead of the RTH open, with the ES holding just above wMID. Failure at wMID opens up wLO ahead, so bulls are trying to keep this level bid early in the week. Crude Oil is testing prices below the key range low, which could provide a trap and rejection opportunity ahead. Gold could be headed toward 1800 ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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