AUGUST 09, 2024 — FRIDAY AM
The ES, NQ, and YM have developed great high-range multi-day trading ranges throughout the week, and are currently seeing early rejection off yHI, which could lead to a Fade After Trend Day move back to yMID below. The ES and NQ have also reached their respective midpoints of the recent impulse sell-off, which gives us new key ranges to work with moving forward. BTC and ETH have rebounded nicely from recent lows, but bulls are trying to keep prices above 60k in BTC, and ETH bulls needs above 2800, for further strength.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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