PivotBoss Pre-Market Video [August 04, 2023]: Breakout Ahead After NFP?

AUGUST 04, 2023 — FRIDAY AM

MASTERS LIVE SESSIONS: Join us this week as we host another round of LIVE SESSIONS for members of PivotBoss Masters! We’ll be introducing an exciting and versatile new signal – The PivotBoss Thrust Reversal! This signal offers powerful reversals in all timeframes, and the scans be used to find swing and intraday opportunities. Learn more at https://pivotbossmasters.com/profits.

The NFP Report has been released, so will the market now see a breakout? An upside break opens up a return back toward wCL above, and back toward the top of the recent 2-week trading ranges for the ES, NQ, and YM. However, as of right now, 2-day narrow ranges are still in development and a breakout is yet to be seen. Regardless of direction, look for the ES to get about 60 to 80 points of range today should expansion occur. Gold is seeing rejection at 1960, which could lead to a rally ahead of about 80 points if the rejection sticks.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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