APRIL 08, 2025 — TUESDAY AM
So far, the ES, NQ, and YM have modestly rallied in overnight and pre-market trading, but are currently still within Monday’s super wide ranges. As we noted Monday afternoon, Tuesday could become a high-range inside day for the most part, but currently with an upward bias. These markets could remain mostly within Monday’s range ahead of this week’s CPI and PPI data. Major support levels have been hit in the ES, NQ, YM, Crude Oil, BTC, and ETH, which could be a great opportunity for scaling in and building positions for longer term returns. Gold has given us a great pullback, which could lead to a new key range soon.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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