DECEMBER 19, 2023 — TUESDAY AM
The ES, NQ, and YM are trading within narrow ranges ahead of the RTH open, but continue to maintain a very bullish overall stance. Any morning pullbacks could be bought for another round of modest strength ahead, as these markets are likely to continue to push quietly higher until they close the year at the highs. Crude Oil bulls need above 74. Gold is stuck in a very narrow 4-day range that could provide modest a breakout opportunity soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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