APRIL 09, 2024 — TUESDAY AM
The ES, NQ, and YM are trading within super narrow pre-market ranges, which have developed within yesterday’s range. The market still has a bullish overall bias, but may see further range-bound action ahead of Wednesday’s CPI data. Look to fade the edges, with an upward bias. Crude Oil remains strong overall, but is also trading inside day. This market continues to work higher toward 91.50. Gold hit another new all-time high, and is working toward 2400, and beyond.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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