PivotBoss Pre-Market Video [January 02, 2023]: Early Weakness

JANUARY 02, 2023 — TUESDAY AM

The market finished the year with one of strongest Q4 finishes on record, which could lead to early retracement and/or compression to begin the year. We are currently seeing early weakness, as the markets sell off within range. Until proven otherwise, however, we could see bulls step in again for another buy-the-dip opportunity. Crude Oil is beginning the year with strength, and seasonality could take price higher for the next 8-9 weeks. Gold may be stuck at the center of the large key range…continue to watch 2080.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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