Is 2018 Setting Up A Stock Market Crash Or Inflationary Based...

February 18th 2018 A Strange Pattern Is Developing and so far I don't see anyone talking about it... It's been over a year, maybe several years,...

ES Morning Update June 21st 2018

  Yesterday (I didn't do a post so don't think you missed it) the market mostly chopped around and held it's small gains until the...

ES Morning Update June 19th 2018

Looks like the futures finally broke down after a series of wave 1's down and wave 2's up. Odds are that the last series...

ES Morning Update June 18th 2018

  Looks like weeks' series of wave 1's down and wave 2's up is producing a wave 3 down this morning before the open. Generally...

ES Morning Update June 15th 2018

  Looks like the series of wave 1's down and wave 2's up has finally broken-down and produced a drop to the bottom of the...

ES Morning Update June 14th 2018

  The action yesterday after the FOMC meeting was kinda muted if you ask me. But then again we haven't seen any wild swing days...

ES Morning Update June 13th 2018

  Nothing to add today gang. It's all about the FOMC meeting it seems. I don't expect much movement until after the meeting is over...

ES Morning Update June 12th 2018

  Yesterday turned out as expected... a choppy nothing day. Today could be the same, but from past times similar there's usually a drift lower...

ES Morning Update June 11th 2018

  Ok gang, I'll keep today short as I covered most everything last week. We have the FOMC meeting this Wednesday and my thoughts are...

ES Morning Update June 8th 2018

We are finally seeing some weakness this morning with yesterdays pullback continuing into this morning, breaking the rising brown trendline of support. It's rallying...

ES Morning Update June 7th 2018

  Yesterdays' slow grind higher tacked on over 20 points... not bad, not bad at all. But I seriously doubt if the bulls can do...

ES Morning Update June 6th 2018

  Looks like the bulls finally filled that gap from March 19th, but I'm still not bearish here. Like I said yesterday this slow grind...

ES Morning Update June 5th 2018

Not too much to add today as the futures are just a few points away now from closing that gap back on March 19th....

ES Morning Update June 4th 2018

  Finally we are breaking out of the 2740 topping zone this morning. I was beginning to wonder if the bulls were ever going to...

ES Morning Update June 1st 2018

  Yesterday the market did indeed fall to the red trendline but it fell through it and then came back up above it by the...

ES Morning Update May 31st 2018

  Well, got the rally up I was looking for but it was more powerful then I expected. It did push through the falling red...

ES Morning Update May 30th 2018

  Tricky market as always it seems. While I suggested we might hit the falling green trendline and then fall to the downward sloping blue...

ES Morning Update May 29th 2018

  I hope everyone had a great long weekend. The futures are set to open lower this morning and have finally broke-down through the 2700...

ES Morning Update May 25th 2018

  Not much to add this morning that hasn't already been covered this week. I see bullish pattern but bearish wave counts, and not much...

ES Morning Update May 24th 2018

  The market dropped yesterday but never quite made it to the 2700 level for a double bottom. It chopped there all day and then...

ES Morning Update May 23rd 2018

  Looks like the bears finally made a stand as the futures are set to open down nicely. But, they've fell right into the 2700...

Red's Daily Updates

ES Morning Update June 21st 2018

  Yesterday (I didn't do a post so don't think you missed it) the market mostly chopped around and held it's small gains until the...

Recent Posts