APRIL 26, 2023 — WEDNESDAY AM
The ES, NQ, and YM sold off in the previous session, with the ES and NQ testing the bottom of their respective trading ranges. These high-range sell-offs are what the bears have been waiting for to initiate a new phase of volatility ahead, likely with a downward bias. Bears will look to sell into strength over the next day, or two, for a shot at new lows ahead. Crude Oil may fill the 75.70 gap today, and Gold continues to chop around the 2000 level.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss