MARCH 04, 2025 — TUESDAY AM
Watch yLO in the ES, NQ, and YM this morning, as a bullish rejection could lead to a modest bounce-back early today. However, the overall trend remains in control of the bears, and any bounce still offers a selling opportunity, with more downside likely ahead to the next key support levels down, including 5700 in the ES. Crude Oil remains on a path to 66 to 67, and Gold is working to retest the recent high, with a shot to reach 3000. BTC and ETH each gave back all the gains from very bullish gaps up Sunday evening, which means Friday’s rejection may be at risk.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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