JUNE 10, 2024 — MONDAY AM
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Monday’s price action could be relatively range-bound, as the market awaits the Fed and CPI data on Wednesday. Look to fade the edges today, and watch yHI and yLO for potential opportunities in the ES, NQ, and YM. Crude Oil needs 76.55 to cement a new key range. Gold saw extreme selling pressure Friday and is approaching the bottom of its large trading range. Bulls will look to defend the CLVN and support at 2280. BTC and ETH remain mostly range-bound, and are building energy for the next breakout move.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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