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The ES, NQ, and YM are trading within narrow 2-day ranges ahead of the RTH open, and could see a breakout move soon. Bears will look to trap prices above yHI for a shot at a bearish outside day down. Crude Oil remains within its developing 12-day narrow range, and appears unwilling to break out at this time. Further range development will likely be seen, and any pullback into 83s could provide a buy-the-dip opportunity. Gold remains highly bullish and is working toward 2480.
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Frank Ochoa
Author, Secrets of a Pivot Boss
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