OCTOBER 10, 2023 — TUESDAY AM
The ES, NQ, and YM are showing early range-bound action after recent two-day strength. Bulls will look to defend into morning weakness for a continuation higher today. Watch wHI closely for early directional bias this morning. Overall, this market is awaiting PPI and CPI later this week, which could pave the way for much higher volatility to end the week. Crude Oil and Gold bulls are looking to buy dips for a push into higher lows, as well.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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