OCTOBER 11, 2023 — WEDNESDAY AM
The ES, NQ, and YM are trading within narrow ranges ahead of the RTH open and ahead of the release of PPI data. Bulls will be looking to defend pullbacks for a continuation higher. Watch yHI for signs of rejection, which could be an indication of a potential outside day should a strong rejection develop. Crude Oil bulls want to defend the 84/85 zone for a continuation to 90 above.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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