ES Morning Update April 23rd 2018

Good Monday morning everyone. I don't have much to add this morning. It looks like the market wants to bounce a little but it...

ES Morning Update April 20th 2018

Yesterday the yellow rising trenddline held most of the day and was pierced at one point but closed on it. This morning we see...

ES Morning Update April 19th 2018

Looks like the futures finally broken down from the rising wedge. I guess the bulls didn't have it in them to do a fast...

ES Morning Update April 18th 2018

Not much to add today that wasn't covered yesterday. The bulls continue to grind up the rising wedge as bears keep shorting it. The...

ES Morning Update April 17th 2018

Looks like the bulls have finally decided to make a run up that sticks as I don't see any red 6 hour bars now...

ES Morning Update April 16th 2018

Not much of an update this morning. The market is still doing the up, down, up, down, etc... type moves everyday. I'm not seeing...

ES Morning Update April 13th 2018

Well, here we are again... same thing different day. The breakout of the falling red trendline yesterday was not impressive in my view. Clearly...

ES Morning Update April 12th 2018

Here we are this morning with basically no change from yesterday. The futures keep making triangles off the upper falling red trendline with this...

ES Morning Update April 11th 2018

Here we are again it seems. Up and down, up and down... it's getting very tiresome. Bulls can't breakout and hold it and bears...

ES Morning Update April 10th 2018

Up, down, up, down, up, down... seems like this market is going nowhere. But we might be about ready to breakout soon. We have...

ES Morning Update April 9th 2018

No much of an update this morning gang. The futures seem trapped between a decending black trendline (targeting around 2630-2640 area, depending on when...

ES Morning Update April 6th 2018

Clearly this market is not out of danger yet with the futures tanking last night afterhours, but short term we are still more bullish...

ES Morning Update April 5th 2018

Looks like we finally got that strong up move started that I was expecting by Thursday or Friday. It came a day early and...

ES Morning Update April 4th 2018

Yesterday I was thinking that the move up off Monday's low is some kind of smaller wave 4, and in the chatroom I discussed...

ES Morning Update April 3rd 2018

Yesterday's drop did catch me by surprise a little as while I was expecting it to happen I thought it would do so over...

ES Morning Update April 2nd 2018

I hope every had a good holiday weekend. Always remember that Easter has nothing to do with bunny's and egg's... it's about Christ rising...

ES Morning Update March 29th 2018

Ok gang, we had a very choppy day yesterday going basically nowhere. This morning I'm still not sure if the next rally is ready...

ES Morning Update March 28th 2018

WOW! What a drop late yesterday! I have to say it took me completely by surprise. I wasn't expecting much more then a small...

ES Morning Update March 27th 2018

I love it when a plan works out! Yesterday I guessed that we'd have a move down to make the right shoulder of an...

ES Morning Update March 26th 2018

Last week was brutal for the bulls but this week looks to be the opposite. This morning we are opening up strongly right out...

Red's Daily Updates

ES Morning Update April 26th 2018

Yesterday the bears were still in control the first two thirds of the day but later one the bulls finally broke out and started...

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