DECEMBER 18, 2023 — MONDAY AM
The ES, NQ, and YM are trading within super narrow overnight and pre-market ranges ahead of the RTH open. We are officially beginning the back-half of December, which tends to have lower volume and volatility than the first half of the month. We may begin to see some range-bound action develop, as the market looks to maintain gains into the beginning of the year. Watch yHI in Crude Oil for signs of failure.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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