ES Morning Update March 23rd 2017

I've added in a new rising trendline and the starting point on it is the low back in December of 2016 then connecting to...

ES Morning Update August 1st 2016

Finally, after 15 days of range-bound trading the bulls broke out to the upside and have tagged 2177.75 as a pre-market high.  But they...

Weekend Update…

Bullish Monday again?  Yes, it's possible...  I know us bears can't seem to believe that the market could go higher, but it can.  When...

Torturous Tuesday…

As the Bulls and Bears both got whipped around today... After so many days down in a row, you should expect some sort of "pause"...

ES Morning Update March 16th 2016

Finally... the FOMC meeting day is here!  Yippee!  Aren't you tired of this crappy trendless market?  I know I am.  From the looks of...

ES Morning Update December 19th 2016

Good Morning everyone.  I'm not expecting much this week as it's so close to Christmas that very few traders will be around.  That suggests...

ES Morning Update August 2nd 2016

You want the good news first or the bad news first? (for bears only)  Well, I'll give you the good news... and that is...

Making progess…

Ok, what is an "excerpt"? I'll just type something here to find out where it shows up.

ES Morning Update June 7th 2016

Futures hitting old rising trendline of resistance and the broke-through horizontal resistance (2105-2108) cleanly now. MACD's overbought on all time frames and look ready to...

Markets Out Of Sync…

Looks like we got our up day...  now what?  Well, that's a tough one, as the dollar, oil, gold, and the S&P are "out...

ES Morning Update October 12th 2016

Afterhours last night the futures ran up to 2140, which looks to be around the 38.2% Fibonacci level.  This morning they are back down,...

ES Morning Update February 26th 2016

Futures now appear to be in the 5th wave up inside a C up that started at the 1920 low on 02/25.  The A...

ES Morning Update December 14th 2016

We are finally here gang... Judgement Day (as said in the Terminator Movie).  What will SkyNet do with the market after the FOMC minutes...

ES Morning Update January 18th 2018

Another incredible move up by the bulls yesterday.  While I did believe we'd rally back up to put in a higher high I certainly...

Obama puts Bears to Sleep…

Another dreadfully boring day as Obama speaks in tongues again. Bears fell asleep! I took the day off too, as I'm patiently...

ES Morning Update February 9th 2018

Well gang, the wave count I had previously went out the window with the lower low made on the SPX/SPY and Nasdaq/QQQ, while the...

Market Dumps On Heavy Volume…

Finally, a decent sell off!  The market sold hard today with 212 million shares traded on the SPY.  Remember how many times I've stated...

A Day Of Rest…

for the Bears at least... Today end up being a "pause" day, or basically flat.  The market sold off in the morning on the horrible...

ES Morning Update May 6th 2016

Market still under falling trendline of resistance and horizontal support from an early April trading range. The MACD's now have triple positive divergences on them,...

ES Morning Update February 5th 2018

What a crazy week we just had. With DOW crashing down 666 points on Friday one has to wonder if that's a signal to...

Red's Daily Updates

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...

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