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...

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...

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...

ES Morning Update November 13th 2017

Looks like the bears are still in control this Monday morning.  The MACD's on the 60 minute chart hit the falling trendline and rolled...

ES Morning Update November 10th 2017

Quite a big move down we saw yesterday and I don't think it's finished.  I think this is the start of a serious correction. ...

ES Morning Update November 9th 2017

Looks the bulls finally took a breather as the bears are alive and active this morning.  Yesterday into the close I mentioned in the...

ES Morning Update November 8th 2017

Looks like we got the A down, B up and C down all in one day yesterday.  While I was expecting a slow move...

ES Morning Update November 7th 2017

Very close now to the 2600 level, hitting an afterhours high of 2593.50 before stopping and rolling over.  I looks like they are heading...

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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