Frank Ochoa, AKA PivotBoss, is an 18-year trading veteran and author of the book Secrets of a PivotBoss. Frank actively trades via Ochoa Capital Management, LLC and has spent 15 years developing and deploying automated trading systems for private and institutional clients, while establishing an impressive reputation as a reliable market forecaster and as an elite educator.
The E-Mini S&P 500 futures contract has experienced selling pressure after reaching new multi-year highs earlier in the week. This weakness could open the door for a potential buying opportunity ahead…especially if 1,337 holds.
The mini Dow futures contract has been very bullish over the last two sessions and continues to push higher after testing 12,000 earlier in the month. Given recent strength, here are my YM levels to watch for tomorrow’s action..
Tractor Supply Company ($TSCO) has been trending steadily higher over the last year of trading – gaining 118% during this time. The recent near-term pull-back calls for a nice buying opportunity ahead. Here’s why..
Crude Oil futures has been extremely bullish the last two months, especially when resistance was taken out at $93 in February. Given recent weakness, this could be a great opportunity to buy ahead of a test at $115..