PivotBoss Pre-Market Video [June 07, 2024]: Bearish Outside Day Developing

JUNE 07, 2024 — FRIDAY AM

MONTHLY OUTLOOK: In the June 2024 edition of the PivotBoss Monthly Outlook we use Key Range analysis to identify actionable trading opportunities in Futures, Stocks, and Crypto. We talk BTC, ETH, $TSLA, $AAPL, and more! RECORDING LINK: https://www.youtube.com/watch?v=M9qLL5Aa6zE

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The ES, NQ, and Gold have gone bearish outside day so far this morning, as the NFP report has sent prices lower, with strong early highs. The markets have turned down after the early flash highs, and could see further selling pressure ahead. Crude Oil, on the other hand, is higher on the day. Crude needs to see 76.55 in order to create a new key range. BTC has reached the upper end of its large trading range, and could return back toward the center of the range ahead. ETH remains highly compressed and still awaits spot ETF approval.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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