JANUARY 18, 2023 — WEDNESDAY AM
The ES, NQ, CL, GC, and YM each remain within steady uptrending markets, with more near-term upside ahead to the FOMC key levels above. Look for bulls to continue to defend pullbacks in the near term, as a return the FOMM key levels occurs. While these trends remain bullish, they do appear delicate, and could see a failure at some point down the road.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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