PivotBoss Premium Replay AM [April 28, 2022]: Markets Reject yHI

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APRIL 28, 2022 — THURSDAY AM

The ES, NQ, YM, and RTY each rejected yHI this morning, with RTY leading lower and becoming a bearish outside day early in the session. The ES and NQ continue to hold yMID, however, as the market settles into the top half of yday's range. Is the day's range in? Or do we see further expansion below yMID? Watch RTY for directional cues heading into the afternoon.

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— Frank Ochoa

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