SEPTEMBER 11, 2024 — WEDNESDAY AM
The ES, NQ, and YM each saw early selling pressure after the release of CPI data this morning. After the drop, each market bounced back to develop intraday key ranges, which will provide short term fading opportunities during the intraday session. Continue to watch yLO, as a failure through this level could open up another round of selling pressure ahead. Crude Oil has seen a bounce-back day back to yMID, but expect bears to defend into morning strength for another round of weakness into the 64 targets below. Gold remains mostly range-bound, and BTC and ETH continue to be heavy.
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