FEBRUARY 09, 2023 — THURSDAY AM
The ES, NQ, and YM remain within narrow multi-day ranges, which continue to build energy for a breakout to come. Look for further range-bound action for much of the rest of the week, with a shot for expansion ahead. Crude Oil has reached the middle of the large trading range, and could see more upside toward the top of the range ahead. Gold needs 1924 to mint a new key range.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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