ES Morning Update September 14th 2021

Yesterday the market dropped right into the light green rising trendline, where support has been so many times in the past, and bounced once...

ES Morning Update September 13th 2021

Over the past few months I've stated that I was looking for 5-8% down on the next correction, which most Elliottwave people label as...

ES Morning Update September 10th 2021

Charts are mixed this morning with no clear direction seen. The 4hr and 6hr charts got close to oversold but didn't quite enter that...

ES Morning Update September 9th 2021

The market went a little deeper then I was expecting, which put the RSI on this 6hr chart a little deeper as well, and...

ES Morning Update September 8th 2021

Yesterday we saw a decent little down move but still what I'd consider as chop. It's for day traders and that's not me. And...

ES Morning Update September 7th 2021

A whole lot of nothing over the three day weekend happened, and the charts this morning show no clues to the direction. Usually that...

ES Morning Update September 3rd 2021

Looking at various time frames on the charts the longer one are up near overbought and the short ones somewhere between neutral and overbought....

ES Morning Update September 2nd 2021

The market did lose the dashed white rising trendline yesterday but it didn't go down much as charts were mixed and giving no clear...

ES Morning Update September 1st 2021

We got the first move down yesterday to the 4510 area, and then the bounce back up... but it's not stopping. Seeing any downside...

The Big Picture – 2020 To 2023

THE BIG PICTURE 2020 To 2023 Before we begin let me say that the drop percentages in the past will NEVER match the present. I'm just...

ES Morning Update August 31st 2021

Well, I missed on yesterdays forecast. I thought we'd pullback 20-40 points and maybe go up 5-10 at the most before the pullback. Instead...

ES Morning Update August 30th 2021

This morning the 4hr RSI has finally touched overbought with the 2hr and 1hr clearly overbought. This will limit the upside today and most...

ES Morning Update August 27th 2021

This morning around 10am Fed Chief Powell speaks, and the market seems to have been waiting for it all week long. Charts are mixed...

ES Morning Update August 26th 2021

Bulls made a big mistake yesterday with that 10 point push higher. They used up a lot of energy do it as they turned...

ES Morning Update August 25th 2021

Flat day yesterday and today looks to be starting off the same way. This the bulls resetting the 1hr and 2hr RSI's as they...

ES Morning Update August 24th 2021

I seem to be on a roll of missed calls lately as the market ripped higher all day yesterday and put in a new...

ES Morning Update August 23rd 2021

Last week I got too bearish as I really thought we were going to get that wave 3 down and head toward 4300, then...

ES Morning Update August 20th 2021

I got yesterday wrong as I thought we would go down more the first half of the day and then rally into today. But...

ES Morning Update August 19th 2021

The market finally sold off yesterday, and is continuing to do so this morning. However, the 4hr RSI is oversold now so a bottom...

ES Morning Update August 18th 2021

The 4hr RSI did dip into oversold yesterday and bounced right back from it. But as you can see this morning in the futures...
s2Member®
// Below tags are to be included in the respective DIVs