ES Morning Update March 22nd 2017

We got our rally yesterday but it fell short only hitting 2378 and not the 2385-2390 that I had hoped for.  And we also...

ES Morning Update March 21st 2017

This morning the ES Futures appear to have crossed the falling blue trendline of resistance and are trying to straighten out the MACD's so...

ES Morning Update March 20th 2017

Happy Monday Morning to everyone.  The ES Futures look oversold this morning.  But I don't see some big rally starting again, but instead just...

ES Morning Update March 17th 2017

Futures seem to stuck now in a triangle and will probably stay inside the APEX of it all day today.  The downward sloping blue...

ES Morning Update March 16th 2017

Ok gang... the Fed's raised rates as expected and the (not so much talked about) date to increase the debt ceiling expired yesterday.  What...

ES Morning Update March 15th 2017

Well, it's looking more likely that the market will go back up after the FOMC meeting today.  This assumes no surprises from them!  We've...

ES Morning Update March 14th 2017

It seems that support has broken overnight from the green rising trendline and the lower line of the rising channel.  However, I still wouldn't...

ES Morning Update March 13th 2017

ES Futures look to be opening about flat this Monday morning.  We have another FOMC meeting this Wednesday and they are expected to raise...

ES Morning Update March 10th 2017

Well gang... it's Friday!  Aren't you happy?  You can go party now... except that you are addicted to trading now and view the stock...

ES Morning Update March 9th 2017

Still not much to add this morning.  The 6 hour chart is again ready to turn back up but so far it's just been...

ES Morning Update March 8th 2017

Today's 6 hour MACD on the ES Futures is curling back up and we've had 3 red days since the recent top... both lead...

ES Morning Update March 7th 2017

Not much going on today from a news stand point.  The EIA petroleum Status Report is Wednesday at 10:30 am, then Jobless Claims on...

ES Morning Update March 6th 2017

Ok guys... it's a Monday!  What more needs to be say?  LOL!  You know the deal by now... more light volume is expected as...

ES Morning Update March 3rd, 2017

Yesterday we found support at the black rising trendline and today we see it's fallen further to hit the yellow rising trendline where it's...

ES Morning Update March 2nd, 2017

Well gang, the bears got a big whipping yesterday but today shouldn't be much more then just some sideways chop.  There's no negative divergence...

ES Morning Update March 1st, 2017

The futures seem to love whatever Trump said last night as the market is up nicely this morning.  Will this be a blow off...

ES Morning Update February 28th, 2017

Not much to add this morning gang.  The market is waiting on Trump to speak tonight at 9pm EST, which should cause some reaction...

ES Morning Update February 27th, 2017

It's a Monday gang... expect more light volume as the market waits to hear more about Trumps tax plans. "Trump is scheduled to address...

ES Morning Update February 24th, 2017

Friday is finally here... yippee!  At least that was what I always looked forward to as a young man in my early 20's as...

ES Morning Update February 22nd, 2017

Ok gang, we now have an almost perfect match of the MACD patterns that I spoke of yesterday.  We had the cross back to...

Red's Daily Updates

ES Morning Update March 27th 2017

Good Morning everyone.  Looks like the futures sold off more over the weekend breaking down from the triangle pattern it was in.  Now we'll...

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