ES Morning Update March 12th 2018

The rally continues this Monday morning with the futures piercing the 2800 level before the open and pulling back a little right now. The...

ES Morning Update June 10th 2016

The futures now have made a falling channel. The MACD's rolled over and are pointing down nicely on all time frames. Monday I saw a "possible"...

ES Morning Update September 12th 2018

Nine years ago today I started this blog. It's hard to believe I'm still doing it. Back then using disqus for you comments was...

Happy Bear…(Friday’s Delayed Post)

Sorry for the delay last night folks.  I was just too tired to post, as I had a really long day.  Anyway, I'm now...

New Higher High Still Coming Or Lower High?

... by Ali Firoozi Yasar A shot to the new highs but April is the month you need to watch closely! As you know, incoming US...

ES Morning Update August 9th 2016

The futures are riding this rising trendline of support still. The MACD's on this 2 hour chart look ready to turn back up. Yesterday we had...

ES Morning Update August 23rd 2017

This morning we see some selling in the futures market, which leaves me wondering if my call to NOT go short yesterday and wait...

ES Morning Update October 31st 2018

Today I have two upside targets... the first is 271.00 on the SPY and the second is 273.77, and the determining factor is the...

ES Morning Update May 2nd 2019

Looks like the market didn't like what the Fed had to say at yesterdays FOMC meeting as it sold off going into the close....

ES Morning Update September 6th 2016

Well, it's been a long weekend as traders took off for labor day.  They will be coming back today to see the market pretty...

ES Morning Update November 1st 2018

Today looks like a "pause" day after yesterdays monster rally. All eyes will be focused on Apple earnings after the bell, so I'm not...

ES Morning Update March 14th 2016

This zone is the gap window to gap fill area from January 2nd and it's still the area I'm expecting to see the market...

Is The Dam Overflowing?

Signs are clearly pointing to a top being in within a few days at most.  The high today of 118.17 could very well be...

Weekend Update…

Was the oil disaster rigged? It looks like Halliburton was making a power play for the oil, and didn't care about what effects would...

ES Morning Update May 10th 2016

Futures are forming a rising channel now. MACD's are once again overbought on this 60 minute chart as well as the 2 hour chart.  But...

ES Morning Update July 10th 2019

I was a little surprised yesterday when the market broke upward through that falling trendline of resistance as I kinda thought that would happen...

ES Morning Update July 22nd 2019

The futures are up a little this morning but nothing huge. Today doesn't look too interesting as I don't see an further of a...

ES Morning Update May 12th 2017

Yesterday we did finally drop to the 2380 area of support to fulfill that "MA" pattern and then quickly recovered back up to the...

ES Morning Update June 14th 2017

It's still looking bullish on the 6 hour MACD's and this 60 minute MACD has hit +2.5, turned down and now pointing back up...

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...

Red's Daily Updates

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...

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