MAY 31, 2024 — FRIDAY AM
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The ES, NQ, YM, and Crude Oil are all seeing pre-market strength, which could provide an opportunity for bears to fade this strength for another round of intraday weakness ahead. The market remains in a short term bear trend, and rips could be sold until proven otherwise. Watch yHI in the YM, which could develop into a low-range outside day. BTC and ETH are still building energy for the next big move, and Gold remains stuck at the center of its D-shaped profile.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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