PivotBoss Pre-Market Video [June 25, 2024]: Sell the Rip?

JUNE 25, 2024 — TUESDAY AM

The NQ led lower in the previous session, as big tech saw heavy selling pressure, including $NVDA and AMZN. With modest strength this morning, will bears look to sell the rip for another round of weakness ahead? The ES has developed a narrow 6-day trading range, and could see a solid breakout opportunity ahead. Crude Oil is developing a narrow 4-day trading range, with the potential for a 4-point breakout move forthcoming. Gold remains stuck in the mud, and BTC has reached support.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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