PivotBoss Pre-Market Video [Jan 25, 2019]: Narrow Ranges Still Developing
Jan 25, 2019 — FRIDAY AM The ES, NQ, and CL continue to trade within very narrow ranges, which have developed over the last week of trading. Look for further …
Jan 25, 2019 — FRIDAY AM The ES, NQ, and CL continue to trade within very narrow ranges, which have developed over the last week of trading. Look for further …
Jan 22, 2019 — TUESDAY AM The ES, NQ, and CL each faded after the Open, with each trending lower throughout much of the morning. The ES and NQ may …
Dec 12, 2018 — WEDNESDAY PM The ES and NQ each gave back morning gains this afternoon, as the market has given back gains each of the last two sessions. …
Oct 26, 2018 — FRIDAY PM: While the NQ and ES each closed above their respective midpoints, the lows don’t appear to be strong lows, which means we could see more selling pressure next week. I’m still holding short exposure in $AA, $COST, and $QQQ, but took partial profits in $COST. Keep an eye on earnings for $AAPL ahead…if this one can’t hold 210, much more selling pressure could be ahead. Here are the levels and candidates we focused on during the afternoon session of the PivotBoss Trading Room.
The ES has returned to recent highs and may continue to see modest strength. Meanwhile, the NQ has lagged behind, but could play “catch up” soon. Crude Oil and Bitcoin continue to develop within very narrow compressions, which could fuel significant breakout opportunities ahead. Gold is retesting the major 1200 to 1204 support level from below, which bears want to keep offered. Here are the levels we’re watching in the PivotBoss Trading Room.