OCTOBER 09, 2023 — MONDAY AM
The ES, NQ, and YM each put in strong, bullish rejections Friday, but will these become strong lows? If so, we could see a solid rally ahead. But first, the markets await inflation data, with PPI (Wed) and CPI (Thu) on deck later this week. These could be big market moving events. Crude Oil jumped, as did Gold, but are testing overhead resistance heading into the week.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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