AUGUST 07, 2025 — THURSDAY AM
The ES, NQ, and YM have pushed through wMID and are working toward wHI. Intraday VWAP is strong, and any pullback into it will be defended for a continuation higher, until proven otherwise. Are these markets ready for another swing move higher, or just a retest of last week’s highs? The YM may have more upside toward 46,500. ETH is building energy for its next move. In holding 3400, is 4600 next? Crude Oil bulls want to keep 63-64 bid for a shot at 71 ahead. Gold is testing 3450, but is it ready for expansion?
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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