Frank Ochoa (AKA PivotBoss) provides his market outlook for March 2015 for the futures market, including the E-Mini S&P 500, E-Mini NASDAQ 100, Crude Oil, and Gold! Frank performs his market analysis through the lens of his book Secrets of a Pivot Boss, including topics such as pivot trend analysis, pivot width analysis, and more!
ES bulls continue to defend the minor CLVN at 2099-2100 for a shot at 2127.50. Failure to hold 2099 opens up a retest at 2080.75.
Our RT Playbooks have been a huge hit with our Premium Members, especially our active traders. In this article, I’m going to explain how to use our RT Playbooks for trade ideas and early profits, including reviewing case studies of recent examples.
Our Premium Members had a fantastic week! And I wanted to show off a few of our Playbook calls, which helped pave the way to solid moves off our key levels across several different futures contracts, including a 20-point move in Gold, a 10-handle move in the E-Mini S&P 500, and a beautiful 50-point rally in the E-Mini NASDAQ 100!
Sellers became trapped below the previous week’s low price of 1982, which fueled the move higher. The initial impulse move of the short squeeze created a key range from 1974 to 2004.25, which forecasted a 100% expansion target at 2034.50. Expansion through the top of the range at 2004.25 was defended on the retest at 2007, which fueled the move to the 100% expansion target at 2034.50.
