PivotBoss Pre-Market Video [August 28, 2019]: Key Levels to Watch Today

August 28, 2019 — WEDNESDAY AM



The ES and NQ have pulled back from Tuesday's highs and are now testing previous session lows, which are key levels to watch for Wednesday's trading. A rejection of these levels could spark a return back to Tuesday's highs, while a failure at this zone could lead to more downside price action. Crude Oil rallied in afterhours trading Tuesday afternoon on a larger than expected draw in the API weekly Crude Oil stock, which could lead to more upside today, especially with the EIA report on deck. Gold remains bullish, with all pullbacks being buying opportunities. The next upside target is 1585, with a shot to see 1600 soon. Here are the levels we'll focus on during the morning session of the PivotBoss Trading Room.



This video also includes: E-Mini S&P 500, E-Mini Nasdaq 100, Crude Oil, and Gold.



Cheers!



— Frank Ochoa

Author, Secrets of a Pivot Boss:

Frank Ochoa,PivotBoss,Pivot Boss,Trading,Trading Room,Futures Trading,Options,Stock Market,Thinkorswim,TOS,Pivots,Gold,Crude Oil,Dow,Nasdaq,S&P 500,Swing Trading,Day Trading,Bitcoin,Crypto,Bonds,US Dollar,Russell 2000,