ES Morning Update August 20th 2019

The futures are set to open mostly flat this morning, which after such a strong rally up yesterday that's to be expected I guess....

ES Morning Update August 19th 2019

The futures are up nicely this morning as the bulls woke back up last Friday. But there's a lot of overhead resistance waiting for...

ES Morning Update August 16th 2019

Yesterday we saw what could have been called a wave 4 up and 5 down of C down, which was the large 800 point...

ES Morning Update August 15th 2019

The market is getting wilder and wilder it seems as moves up and day are crazy, swinging from 500 points up to 800 points...

ES Morning Update August 14th 2019

WOW! Up 400-500 points on the DOW yesterday and now this morning we are back down 400 points... insane swings. But, when you take...

ES Morning Update August 13th 2019

Pretty deep down day yesterday but the moves these recent days seem to be large every day. I'm still not looking for a breakdown...

ES Morning Update August 12th 2019

The futures are down this morning but this is the monthly options expiration week, so I don't expect it to start the next big...

ES Morning Update August 9th 2019

The futures are down some this morning but I guess that's to be expected after such a large rally yesterday. I was able to...

ES Morning Update August 8th 2019

What a nice recovery by the bulls yesterday as the bears dropped it hard early yesterday morning. This morning the bulls managed to hold...

ES Morning Update August 7th 2019

Markets are down this morning, after a nice strong bounce yesterday. I don't think the bulls are done yet on this move up but...

ES Morning Update August 6th 2019

The market took another dive after-hours yesterday with the DOW being down as much as 400 points, but this morning we see a reversal...

ES Morning Update August 5th 2019

Futures down big this morning, which wasn't something I was expecting. I have some longs that are going to be toast from the looks...

ES Morning Update August 2nd 2019

Double WOW this morning as yesterday produced not only a strong squeeze up but another even larger drop. What's next I wonder? From a...

ES Morning Update August 1st 2019

WOW! What a nice drop yesterday. I was quite surprised actually but happy that I never took any positions... especially not a long. I...

ES Morning Update July 31st 2019

Yesterdays FP on the SPY was almost hit going into the close but missed by a little. However, it pretty much been hit now...

ES Morning Update July 30th 2019

Nice move down this morning. But, there's a possible FP on the SPY at 8:11am showing a high of 301.46, so if that's real...

ES Morning Update July 29th 2019

Futures are basically flat this Monday morning but if you look closer they seem to big in a rising wedge pattern now with a...

ES Morning Update July 26th 2019

It's Friday... Yippee! The weekend is almost here. I loved the weekend as a young man in my early 20's but now in my...

ES Morning Update July 25th 2019

Yesterday I mentioned the FP on Apple but I forgot that it was already hit and fulfilled the first week of May, so just...

ES Morning Update July 24th 2019

The futures are down a little this morning but on this chart of the ES one could argue that they broke-through a falling trendline...

Red's Daily Updates

ES Morning Update August 23rd 2019

Wild moves in the market yesterday with a fast drop around 10am and then up the rest of the day into the close, which...

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