Tag: Pre-Market Reports

The ES and NQ have clearly pulled back over the last week of trading, but have they found their lows? While the lows may not be in just yet, another buy the dip opportunity seems to be taking shape. Crude Oil has pulled back within the current uptrend, but keep an eye on 75s. Oh, and continue to avoid the chop in Gold and Bitcoin…but big moves may be on the horizon. Here are the levels we will watch during the morning session of the PivotBoss Trading Room.

The ES and NQ are holding above yesterday’s highs in overnight and pre-market trading, but that doesn’t mean more downside won’t be seen soon. The market may not be done finding its near term bottom, but buying opportunities will begin to present themselves ahead of the next potential move higher. Crude Oil remains extremely bullish, Gold remains within the range, and watch the 1620 CLVN in /RTY. Here are the levels we will watch during the morning session of the PivotBoss Trading Room.

The ES and NQ pulled back in overnight trading, with each dipping into their respective pivot ranges. While we may see more near term weakness, these pullbacks may be great buying opportunities for moves into the end of the month. Watch Crude Oil above 76, as weakness above this level may signal a short term pullback today. Don’t get whipsawed in Gold, and beware if you are in Bitcoin.

The ES continues to show signs of strength, but while the NQ is up in pre-market trading, it is testing a key zone between 6980 and 7000 that bears may try to keep offered for a shot at a bigger retracement ahead. Watch this zone closely. Crude Oil may be on the verge of a retracement if 75 can’t hold, and Bitcoin may be ready to move soon. Here are the levels we’re watching in the PivotBoss Trading Room.

The ES, NQ, and YM have each pulled back modestly, but appear poised for another round of strength. While more of a pullback may be seen this week, the medium term idea is to buy the dip once rejection has occurred. Keep an eye on Gold, as it is currently showing signs of rejection at a key pivot in the chart. Here are the levels we’re watching in the PivotBoss Trading Room.