ES Morning Update February 14th, 2017

Very tough market gang.  It just doesn't seem to want to go down.  The one thing that does seem obvious to me is that...

ES Morning Update February 13th, 2017

Good Monday Morning to everyone.  With this being the "monthly option expiration" week I'd normally say that it's a bullish week about 80% or...

ES Morning Update February 10th, 2017

Well, yesterday I got my face slapped by the bulls when the green rising trendline did NOT break and give me a pullback with...

ES Morning Update February 9th, 2017

Once again... very bearish looking this morning.  I'm just not seeing much upside from here.  Maybe we float up to retest this mornings' premarket...

ES Morning Update February 8th, 2017

Very bearish looking this morning.  It's an "MA" pattern that's formed and the right side of the "A" looks ready to drop right now. ...

ES Morning Update February 7th, 2017

Well, looks like the futures did indeed turn back up as suggested in the chatroom yesterday that the MACD's would likely bottom afterhour/premarket and...

ES Morning Update February 6th, 2017

Good Monday Morning to everyone.  I hope you're not too hung over from beer, pizza, and the super bowl.  But if you are... no...

ES Morning Update February 3rd, 2017

Ok guys, it looks like SkyNet decided to do what I guessed it was going to do yesterday and this morning.  Now we should...

ES Morning Update February 2nd, 2017

Charts are looking a little mixed this morning with the different time frames for both the ES Futures and the SPX Cash.  Pattern wise...

ES Morning Update February 1st, 2017

Ok guys, it's looking like we'll run into resistance from a falling trendline around the 2285 area and rollover if we hit it early...

ES Morning Update January 31st, 2017

Today is a little mixed in the charts as I don't see any clear direction. That makes sense actually as it's the first day...

ES Morning Update January 30th, 2017

Good Monday Morning to everyone.  Looks like we are getting a decent pullback this morning.  I don't think it's start of any big move...

ES Morning Update January 27th, 2017

Volume today is extremely low, which is a clear sign that we've had NO exhaustion move up.  This is just consolidation and not some...

ES Morning Update January 26th, 2017

So far so good.  Looks like we ended some kind of wave 3 up yesterday and should have a smaller wave 4 today and...

ES Morning Update January 25th, 2017

Well gang, we finally got our breakout yesterday it seems.  Today we see a continuation of that move up and an old rising trendline...

ES Morning Update January 24th, 2017

Looks like Ground Hog day again too me gang.  Nothing has changed, it's the same as yesterday.  I'd love to tell you something of...

ES Morning Update January 23rd, 2017

Well guys, I'd love to tell something new but nothing has changed.  The market is still in a sideways chop pattern and has yet...

ES Morning Update January 20th, 2017

Ok gang, as discussed in the chatroom yesterday... if for some reason we do not go up and tag that 2300 area but instead...

ES Morning Update January 19th, 2017

Not much to add today... still waiting on the 20th when Trump gets into office.  I'm looking again for the 2285-2295 area to short...

ES Morning Update January 18th, 2017

Looks like we made that right shoulder yesterday and rallied up from it into this morning.  I'm still not expecting some huge move up...

Red's Daily Updates

ES Morning Update February 17th, 2017

WOW guys, we actually had a red day yesterday!  Amazing... I thought it was never going to rain.  Can we get another today?  Only...

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