JUNE 30, 2023 — FRIDAY AM
The ES, NQ, and YM have rallied in overnight and pre-market trading. This bullish continuation has pushed prices to new highs above wHI for the ES, with the NQ still approaching wHI at 15320. The YM remains extremely bullish, as well, as the Turnaround Tuesday rally has continued to extend into Friday ahead of next week’s holiday-shortened week. Monday is a half trading day, and Tuesday the market is closed in the US in observance of the 4th of July Holiday. Expect range-bound action this afternoon. We also talk quarterly pivots.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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