JANUARY 07, 2025 — TUESDAY 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 each pulled back from the Monday highs, with the YM leading the way lower. Keep an eye on yMID in the YM at 43,150, as morning strength into this zone could offer an opportunity for bears to defend for a shot at weakness later in the day. Above 21,800 in the NQ, 6035 in the ES, and 43,200 in the YM opens up a bullish continuation. Crude Oil bulls have defended yLO, but keep an eye on 74, as bears are looking to keep it offered after Monday’s rejection. Can Gold get through 2680? If not, we may see another fade down within the narrow developing range. BTC and ETH remain modestly bullish, and bulls will be looking to defend into morning weakness.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
FLASH SALE: http://pivotboss.com/flashsale
Trading Room: https://whop.com/pivotbosstrading/
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