JANUARY 06, 2025 — MONDAY AM
MARKET OUTLOOK: I’ll be hosting our first monthly outlook of the year directly from our Discord Trading Room at 3PM CT on Tuesday, January 7. Not a member? You can get 50% off the first month using the coupon code “PREMIUM” at checkout. Use the following link to learn more: https://mailchi.mp/pivotboss/jan-2025-market-outlook
The ES, NQ, and YM are show early strength to begin the week, with the ES and NQ both pushing just beyond wHI. Can the markets maintain this strength into the close, or will we see bears defend into strength? Crude Oil remains bullish, and any pullback offers a buying opportunity for a continuation into 78.50, and even 80, ahead. Gold continues to chop around the middle of the large key range, and is currently on the down swing. Better opportunities will occur at the edges of Gold’s range. BTC and ETH have begun the year on a bullish note, and Friday’s bullish breakout in ETH suggests a continuation to 4200 over the next 7 sessions.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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