MARCH 13, 2023 — MONDAY AM
The ES, NQ, and YM are selling heavy pre-market selling pressure this morning following the collapse of SVB. Is this the straw that will break the camel’s back and led to much lower prices ahead? The failure at 32700 in the YM could finally open up last year’s low below. Crude Oil is down big to begin the day and is now testing key support at 72, while Gold has rallied back to 1900.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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