NOVEMBER 22, 2024 — FRIDAY AM
NOTE: This is the last pre-market video until after the Thanksgiving Holiday. Have a great Holiday!
The ES, NQ, and YM are trading in a holding pattern after a week of back and forth price action. Look for these markets to trade sideways-to-up today, with a shot to finish at or near the highs of the week. Next week could lead to a melt up phase for the market on a holiday-shortened week. Bitcoin hit 100K in overnight trading for the first time, and immediately pulled back. This market has hit all of our targets, and could see a further continuation toward 120K to end the year, or perhaps into Q1 of next year. ETH needs above 3400 to open up 4000 and 4300 ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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