NOVEMBER 20, 2025 — THURSDAY AM
The ES, NQ, and YM have developed narrow trading ranges above yHI. A failure to push higher could lead to potential box reversals ahead, as any break below yHI opens up yMID, and maybe even yLO in the best bear case scenario. $NVDA will be gapping up after earnings, but does it begin to fill the gap immediately? Crude Oil remains highly compressed, as does Gold. BTC and ETH continue to push lower, with no signs of buying or bullish rejection at all. Be patient, as more downside could see be ahead for crypto.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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