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The ES, NQ, and YM have already seen our Thrust Reversal Tuesday trade ideas play out in overnight and pre-market trading, as each market rejected yHI and has already returned to yMID, and lower. These markets are now stuck within the middle 50% of Friday’s impulse sell-off, and could continue to be range-bound in this zone for a while longer. Crude Oil may be headed for 54s, and Gold is working toward 4250. BTC and ETH have new large key ranges, which big downside targets that may come into play if further breakdowns occur.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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