FEBRUARY 24, 2023 — FRIDAY AM
The ES, NQ, and YM are each selling off ahead of the RTH open, and are now testing key support levels . Failure to reestablish acceptance back above yLO could lead to further selling pressure ahead. Watch yLO, as a push back above this level could lead to further 3-day range development. Crude Oil is developing an bearish FNH, while Gold continues to sell off.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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