JANUARY 08, 2023 — MONDAY AM
The ES, NQ, YM, and GC are currently trading within last Friday’s intraday key ranges, which will be the edges to watch early in the session. We could remain within these ranges to begin the week, but bears will be eager to defend into early strength this week, as more downside could be seen ahead. Watch mMID for signs of failure. Crude Oil continues to see high-range days back and forth – and today is a down day. Gold has reached 2029.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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