SEPTEMBER 03, 2025 — WEDNESDAY AM
The ES, NQ, and YM finished Tuesday’s session near their respective midpoints after trading high-range days, which typically leads to an inside day the next session. This is currently the case today, as the market trades range-bound near the center of yesterday’s range. The market may be in a near-term holding pattern ahead of Beige Book later today, but especially ahead of big econ reports the next two days, including NFP on Friday. Crude Oil bulls have gotten smacked again, and Gold finally sees a major breakout.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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