ES Morning Update January 7th 2019

Charts are pretty mixed today and I don't see any clear direction. I do think we'll get a nice setup at some point this...

ES Morning Update December 1st 2017

Man... this market is crazy!  I'd love to have been long the last few days but I wasn't unfortunately.  But who knew it was...

ES Morning Update January 20th, 2017

Ok gang, as discussed in the chatroom yesterday... if for some reason we do not go up and tag that 2300 area but instead...

ES Morning Update May 13th 2019

The market certainly looks ugly this morning. First was the gap down Sunday night to the 2860 area, which was a nice backtest of...

ES Morning Update May 20th 2019

The futures were up on Sunday night as they were trying to hold the rising channel in blue, but this morning they broke down...

ES Morning Update August 7th 2017

Good Monday morning to everyone.  Not much to say this morning as the 60 minute charts shows no clear direction and the 6 hour...

Did Someone Press The Panic Button?

Holy Cow!  Did Wall Street hit the panic button today?  They sure fooled me on this one, as I didn't see such a huge...

Still Going…

The market is on it's way to the stars... Yes, we should hit 100,000 Dow tomorrow!  Just kidding of course.  Nothing much has changed...

ES Morning Update January 3rd, 2017

I hope everyone had a great holidays.  Here we are into another new year and it seems like we were partying like it's 1999...

ES Morning Update May 2nd 2016

Resistance on the upside is this falling trendline, which is dropping into the horizontal resistance zone around 2080-2085 it appears. The MACD's got oversold Friday...

Still Holding On…

The market had every chance to crash today, but it didn't... Even though the market did sell off hard, it recovered a lot of the...

The Stock Market Crash Of August 8th 2011

Thursday Update... more wild swings as the market is carving out a short term bottom (or not?) (to watch on youtube: http://www.youtube.com/watch?v=h9zNH6hVsg0) Red _____________________________________________________ Tuesday FOMC day update!...

ES Morning Update July 21st 2017

A whole lot of nothing yesterday, at least by the close.  There was a slight pullback in the morning but it got bought up...

ES Morning Update April 18th 2017

Looks like we are getting the right shoulder this morning, that I spoke about as "possible" in the chatroom yesterday.  It appears to have...

Time To Bounce Or Crash, That Is The Question…

Wednesday Update... (to watch on youtube: http://www.youtube.com/watch?v=nX_ckxJ4OMs) Red ____________________________________________________ Will the market bounce on Monday... I don't know?  It could crash, as the charts are still very bearish right...

ES Morning Update March 21st 2016

Early morning look at the futures here shows them holding over the shorter rising trendline, which is now support. MACD's still have lots of negative...

ES Morning Update July 18th 2018

  Yesterdays update certainly was wrong as the bulls ripped the bears to pieces all day starting right at the open. At this point I...

ES Morning Update July 27th 2016

The futures are back up at the overhead resistance level of 2170 again.  Seems pretty certain that they plan to push through it and...

Bernanke Speaks And The Markets Sell Off…

Oh NO!  What Did I Say Wrong? You gotta love it!  Just as soon as Ben Bernankes' FOMC minutes are released, the market tanks.  Of...

ES Morning Update November 21st 2019

On this 4 hour chart of the ES it looks like yesterdays drop was just a blip when compared to the rally up from...

Red's Daily Updates

ES Morning Update December 6th 2019

Yesterday was indeed a "pause" day as the markets mostly went sideways all day long. This morning we see the premarkets rallying up some,...

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