This will be the last pre-market video until Tues, Sep 4, 2018. Please join me Tuesday afternoon at 3:30pm CT for my September Market Outlook webinar, which is free for everyone to attend. Please use https://join.me/pivotboss to join the meeting.
The ES and NQ remain quite bullish from both short and long term perspectives. While the market may see a modest pullback over the next week of trading, this could offer another solid buying opportunity on a swing basis. Keep an eye on Crude Oil at 70, which clear resistance, and watch these pullbacks in Gold and Bitcoin, as bulls need to keep them bid. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES, NQ, YM, and CL are all holding within narrow multiple-day ranges, which suggests that volatility is dropping ahead of the Labor Day holiday approaching. Bitcoin got a strong push back above 6700, and appears poised for more upside if this level can continue to hold. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES and NQ remain bullish overall, but could stand to see a day or two of digestion after recent strength. Pullbacks should continue to be defended until proven otherwise. Gold remains above the 1210 key level, and bitcoin bounces back strong. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES has finally done it…in pre-market trading, the ES has returned to, and surpassed, the January high of the year. But can price establish long term acceptance above this level? Gold remains bullish, and Bitcoin is now back above 6700. Here are the levels we’re watching in the PivotBoss Trading Room.
