ES Morning Update December 8th 2017

The futures are up again this morning, extending the bounce from the recent low and are now in the 61.8% retracement area.  If this...

ES Morning Update December 7th 2017

This morning isn't a whole lot different then yesterday from the looks of the futures this morning.  But, there is a difference in the...

ES Morning Update December 6th 2017

So far this move down looks too me like we put in an important top and change in trend.  Now I'm not saying it's...

ES Morning Update December 5th 2017

Well, looks like I got yesterday wrong as the bulls failed to hold the line all day and instead dropped into the close to...

ES Morning Update December 4th 2017

Man... those bulls are tricky!  Last Friday I was looking for a high to be put in like what we are seeing today and...

Another 9/11 may be the black swan event that triggers global...

Major financial institutions like Bank of America see the end of the bull market next year. They predict stocks pushing higher in the first...

ES Morning Update December 1st 2017

Man... this market is crazy!  I'd love to have been long the last few days but I wasn't unfortunately.  But who knew it was...

ES Morning Update November 30th 2017

The last few days I haven't seem to be getting any calls correctly.  And it seems to happen to me the most when a...

Bank of America: Flash crash in 2018 then war to follow

In its analysis for the first half of 2018, Bank of America is warning investors of a “flash crash” the likes of 1987, 1994, 1998....

ES Morning Update November 29th 2017

WOW... the bulls sure pulled the rug out from the bears yesterday!  I have to say that I really didn't think they had it...

ES Morning Update November 28th 2017

This morning we see the futures up slightly but basically flat. It appears the bulls are tired here and just holding the line (the...

ES Morning Update November 27th 2017

It's that time again... to go back to work slaving yourself away at trying to make some money trading this market successfully. Hopefully you...

ES Morning Update November 24th 2017

I hope everyone had a great Thanksgiving and didn't overeat like I did yesterday because there was too much good tasting food to choose...
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ES Morning Update November 22nd 2017

Nothing much to say today gang.  Futures got very overbought yesterday and today they will likely trade sideways to work it off.  It's the...

ES Morning Update November 21st 2017

Looks like the inverted head and shoulders is playing out this morning in the futures as the ES has pushed through the falling red...

ES Morning Update November 20th 2017

Another week is upon us and it's also Thanksgiving week.  It should be a light volume week due to the holiday and of course...

ES Morning Update November 17th 2017

We came within 7 cents of hitting the 259.11 FP yesterday on the SPY... pretty impressive.  Today we have the 60 minute futures chart...

ES Morning Update November 16th 2017

Yesterdays bearishness took the market down below the two prior lows in the 2560 area but wasn't enough to reach the next set of...

ES Morning Update November 15th 2017

The bears did indeed turn that MACD and Histogram bars back down yesterday and are continuing today.  On the 6 hour chart you'll see...

ES Morning Update November 14th 2017

This morning we are looking at the 6 hour chart of the ES Futures for clues.  As you can see its' MACD's are now...

Red's Daily Updates

ES Morning Update December 8th 2017

The futures are up again this morning, extending the bounce from the recent low and are now in the 61.8% retracement area.  If this...

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