APRIL 04, 2024 — THURSDAY AM
The ES, NQ, and YM are testing prices at yHI, which is the key level to watch early in the day. Pushing through this level opens up the upside, with a shot to see a return to Tuesday’s highs. Any rejection at yHI, however, could become quite bearish, with yMID and yLO in play in this scenario. Crude Oil and Gold are currently seeing modest pullback days. Bulls will look to defend into weakness for another buy-the-dip opportunity ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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