APRIL 28, 2023 — FRIDAY AM
The ES, NQ, and YM are seeing narrow-range compression after Thursday’s bullish trend day. The markets have developed super narrow ranges for the month of April, as we head into May next week. Next month could lead to a high-range month. Crude Oil continues on a path toward 72s, and Gold has developed a narrow 10-day range that could fuel the next 100-point move.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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