DECEMBER 06, 2022 — TUESDAY AM
The ES, NQ, and YM have each developed super narrow ranges ahead of the RTH open, and remain within short term down moves. Look for bears to defend morning strength for a shot at wLO ahead. Crude Oil developed a major rejection Monday, which points to more weakness ahead. Gold also developed a strong rejection at 1820, and may see a retracement soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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