JULY 21, 2023 — FRIDAY AM
The ES and NQ are showing pre-market strength after Thursday’s weakness, while the YM remains highly bullish. Pullbacks remain buying opportunities for the market until proven otherwise. The ES has developed a narrow 5-day range for the week, which could lead to an outside week scenario next week. Crude Oil has developed a narrow 8-day trading range, which could lead to a great breakout ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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