MARCH 10, 2025 — MONDAY AM
The ES, NQ, and YM have begun overnight and pre-market trading on a bearish note, and are approaching wLO heading into the RTH open. There are still more downside targets left to reach for these markets, as they remain in a downward price discovery phase. We discuss the next key levels down for the markets, including the ES, which may be as low as 5400, or even 5150. Crude Oil is bouncing of critical support, but hasn’t shown a strong low yet. Eventually, a return to 72 and 78 could be ahead. Gold has a 5-day range that projects a 100 to 115 point breakout move ahead. BTC and ETH remain highly bearish, and the next lowest support levels are way down there.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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