DECEMBER 20, 2022 — TUESDAY AM
The ES, NQ, and YM have each seen major key range failures in the last few days, which suggests more downside ahead on a swing basis. Any bounce could offer a selling opportunity for bears. Crude Oil has developed a narrow 6-day range, which could release energy soon. Watch for a bearish FNH to kick off potential selling pressure ahead. Gold remains stuck between 1780 and 1830.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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