JULY 17, 2023 — MONDAY AM
The ES, NQ, and YM are trading within super narrow overnight and pre-market ranges ahead of the RTH open. After last week’s bullish move, will the market see an early pullback to begin the week? If so, wMID could become easy targets below. Keep in mind, any pullback should be considered short term, as the bullish trend could resume very quickly thereafter. Crude Oil has developed a strong pre-market rejection at 76, which could lead to a return to 72 below. Gold bulls want to keep 1940 bid this week.
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