SEPTEMBER 06, 2024 — FRIDAY AM
NFP data was released this morning, which triggered an initial wave of volatility, but the overall downtrend remains firmly intact across many markets, including the ES, NQ, YM, CL, BTC, and ETH. Any bounce could continue to be a selling opportunity from an intraday perspective, as well as from a swing perspective. The ES, NQ, and YM still have mMIDs as potential targets below, while Crude Oil continues to work toward the 64 level. Gold remains bullish, and remains on a path toward 2600. And while BTC and ETH continue to develop strong intraday lows, the further weakness remains in play until proven otherwise.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss