PivotBoss Pre-Market Video [April 23, 2024]: Markets Awaiting Earnings

APRIL 23, 2024 — TUESDAY AM

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The ES, NQ, and YM are trading within super narrow pre-market ranges ahead of the RTH open, as the market awaits earnings this week, including $TSLA after today’s close, and $META, $MSFT, and $GOOGL later in the week. These markets are still within clear short term downtrends, and bears will be looking to defend yHI for another rotation down. The YM is outpacing the market to the upside, however, but needs above 38,800 for a bullish continuation. Crude Oil remains weak, but now has a strong pivot high at 38 that could be used for a bullish breakout down the road. Can Gold find its footing after yesterday’s selling pressure.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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