The coming week (May 29-June1) will trend a bit more and in more symbols than this closing week (May 25), according to pivot math. A few narrow-range breakout setups exist, and gold already started its wide-range upturn. Crude Oil has a pivots-based breakout setup on weekly pivots, a weekly chart bearish inverted hammer sell signal as of Thursday night, and 3-day chart narrow-range breakout math
As markets digest new pricing in many symbols, my pivot and range math for next week indicate sideways range plays may go on for days. So, set your scalper’s chart grids and get ready for some Iron Condor possibilities! However, some trending may occur above/below my weekly-based options perspective or symbol list.