AUGUST 24, 2023 — THURSDAY AM
After Wednesday’s trend day move higher, do we see a fade after trend day today? Failure to hold above yHI opens the door to returning back toward yMID in the ES and NQ. The YM has developed a super narrow 5-day range, which could open the door to a 1000-point move ahead. Crude Oil bears will look to sell into strength for another round of weakness ahead.
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