PivotBoss Pre-Market Video [July 15, 2021]: Narrow Multi-Day Ranges in ES, NQ

JULY 15, 2021 — THURSDAY AM



The ES and NQ are trading within developing narrow 4-day ranges, which could trigger a breakout soon. Fed Chair Powell finishes day 2 of testimony today, which could eventually trigger expansion from theses ranges. Any downside break could be short-lived, and could offer a buying opportunity. Crude Oil continues to test yLO, which could trigger a reversal back toward yMID. Gold remain on a path toward 1863.80.



Cheers!



— Frank Ochoa

Author, Secrets of a Pivot Boss: http://pivotboss.com/secrets-of-a-pivot-boss/



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