FEBRUARY 17, 2023 — FRIDAY AM
The ES, NQ, and YM are each testing the bottom of their respective multi-day trading ranges, and may see a bounce ahead. Since this is a holiday-extended weekend (Holiday Monday), we may see a return back within the trading ranges and avoid a full-on breakout until next week. Bulls want back above yLO. Crude Oil has taken out mMID, and is melting down. Gold finally reached 1830, and could finally bounce.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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