NOVEMBER 28, 2023 — TUESDAY AM
The ES, NQ, and YM continue on a path higher, but are currently testing prices at/near yLO, which could provide a buying opportunity for eager bulls. Intraday bulls will look to defend yLO for a return to ONHs, while swing bulls will look to carry price to the next resistance levels above, including 4634.50 in the ES and 35,800 in the YM. Crude Oil remains on a path to 69.69, which is still 7 points away. Gold took a rollover gap above the 2020 key level, which remains the level to watch early.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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