DECEMBER 21, 2022 — WEDNESDAY AM
The ES, NQ, and YM are each pushing quietly higher in pre-market trading, despite recent selling pressure. This countertrend strength could persist today, but look for signs of rejection after the move higher, as bears may be looking to defend for another swing move lower. Crude Oil has developed a 6-day narrow range, and is testing the upper boundary today. Gold remains range-bound, and could see a fade after trend day move today.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss