JANUARY 24, 2023 — TUESDAY AM
The ES, NQ, and YM are pulling back into yday’s range, as a full-on Fade After Trend Day develops. If the markets can maintain acceptance above yMID, we could see a return to yCL later in the day, as the markets continue to work higher toward the Dec FOMC key levels above. Crude Oil needs a test at 83.52, and Gold pullbacks remain buying opportunities until proven otherwise.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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