ES Morning Update June 19th 2019

Yesterdays strong rally up was just the bears needed to shake out the weak shorts and convert them into bulls. By the end of...

ES Morning Update June 18th 2019

Finally... the bulls are breaking out! Too much time sideways has to produce a powerful move in one direction or the other and with...

ES Morning Update June 17th 2019

All eyes are on the the FOMC meeting this Wednesday it seems. The market has just been trading side ways every day with little...

ES Morning Update June 14th 2019

Yesterday into the close there was a large spike of volume and the SPY jumped up almost a dollar in that last 5 minutes....

ES Morning Update June 13th 2019

Yesterday was certainly a boring day as the market just chopped sideways all day long. Last night afterhours though there was a fast drop...

ES Morning Update June 12th 2019

Yesterday was really the bears best chance to drop the market but they failed in my humble opinion, because it should have been an...

ES Morning Update June 11th 2019

On IWM there's and afterhour "possible" FP of 152.82, which is close to getting hit here in the premarket session. I suspect it will...

ES Morning Update June 10th 2019

This Monday morning we see the ES Futures some but they were higher last night and fell back some and are now back up...

ES Morning Update June 7th 2019

Not much to add this morning gang as the futures are looking to open up higher again. This move up for the bulls has...

ES Morning Update June 6th 2019

The ES has gotten right into the prior resistance zone between to the two horizontal blue lines. This will be the real test for...

ES Morning Update June 5th 2019

This morning I want to get a different view of the ES Futures so I'm looking at them upside in this chart. It keeps...

ES Morning Update June 4th 2019

Yesterday around 1:26 pm there was a large volume spike on the SPY, which I posted a screenshot of the 1 minute chart in...

ES Morning Update June 3rd 2019

The futures are down a little this morning but nothing huge. I guess Trump didn't do anymore tweets over the weekend... LOL. This week...

ES Morning Update May 31st 2019

The futures are set to open down sharply this morning as the bulls just can't seem to get anything going to the upside.  And...

ES Morning Update May 30th 2019

The futures are up some this morning but not enough in my opinion to get a squeeze going on the bears. This move will...

ES Morning Update May 29th 2019

This morning the futures are lower and have taken out the May 13th low as well. At this point the wave count puts us...

ES Morning Update May 28th 2019

The market are mostly flat this morning after a 3 day holiday weekend. The futures are still in this falling channel and seem to...

ES Morning Update May 24th 2019

Yesterdays drop caught me a little off guard as I wasn't expecting such a large down day. However, it's fits perfect with a C...

ES Morning Update May 23rd 2019

Another typical move by the bulls yesterday to do a slow and controlled move down so as to avoid a large sell setting up....

ES Morning Update May 22nd 2019

Yesterday morning rally held all day and finally has rolled over this morning. It could drift down to that "possible" FP yesterday of 283.95...

Red's Daily Updates

ES Morning Update June 24th 2019

Futures are up a little this morning but not much, especially when compared to all the big gap up opens and runs from last...

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