Our Pre-Market Reports offer reliable multiple timeframe analysis, and are used to set the game plan for the upcoming trading day, complete with trade ideas and forecasted targets.
The ES and NQ each pulled back from recent highs and are attempting to reestablish acceptance above the previous session’s low, which would be bullish for the day. Crude Oil is attempting a stop run day above 69.92, and Bitcoin needs above 8250, and Gold is coiling up ahead of its next move. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES and NQ are currently at cycle highs and may be on the verge of a pullback of some magnitude. The uptrend remains intact until proven otherwise, however. Crude Oil appears to be trading similarly to previous price action, which preceded a major stop run day. Crude Oil could have a big day soon. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES and NQ are showing early signs of topping out, but the market may take another few days to develop ahead of a move. Crude Oil is compressing over the last 7 trading sessions, which suggests significant expansion may soon be seen, and Bitcoin reaches our 8500 target. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES and NQ continue to remain moderately bullish, which will remain the case until they are unable to hold above their respective key levels. Yesterday’s failed breakout in Crude Oil offers a selling opportunity today. And bitcoin continues to rally after breaking through out 6700 key level. Here are the levels we’re watching in the PivotBoss Trading Room.
The ES and NQ continue to hold above their respective FOMC Key Levels from June 13, which are the major pivots to watch this week as all eyes turn to $GOOG earnings after the close Monday afternoon. Continue to watch the rounded bottom as it develops in Crude Oil, as this range could fuel the next major phase of expansion for this market. Here are the levels we’re watching in the PivotBoss Trading Room.
