Whipsaw Galore…

Wow!  Was that a wild day or what?  I'm glad I wasn't day trading, as that must have slapped a lot of people silly. ...

ES Morning Update September 6th 2019

The bulls did a great job of holding the market up all day yesterday to keep the bears trapped. This morning they are continuing...

ES Morning Update August 16th 2019

Yesterday we saw what could have been called a wave 4 up and 5 down of C down, which was the large 800 point...

Weekend Update…

Ok, The next few weeks are going to be lots of fun for the bears. Here's the plan... Monday should complete the smaller 5th wave...

ES Morning Update August 23rd 2019

Wild moves in the market yesterday with a fast drop around 10am and then up the rest of the day into the close, which...

Stuck in the middle…

I'm not comfortable going long here, or short... yet.  We are stuck in the middle between solid support at 998-1000, and huge resistance at...

ES Morning Update August 13th 2019

Pretty deep down day yesterday but the moves these recent days seem to be large every day. I'm still not looking for a breakdown...

ES Morning Update August 9th 2019

The futures are down some this morning but I guess that's to be expected after such a large rally yesterday. I was able to...

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...

ES Morning Update August 28th 2019

In the chatroom yesterday I suggested that we might have started some kind of ABC move up from the Sunday night low on the...

ES Morning Update September 26th 2019

The "possible" FP of 298.38 from afterhours on Tuesday is now hit this premarket morning and will likely be hit shortly after the open...

Brief post tonight…

Brief post tonight.  I went short today as I expect next week to have some decent selling.  I'll have a weekend post update by late...

ES Morning Update July 9th 2019

Ok, tough call about what wave count we are in right now. The 5th wave up (Called "Micro" according to Tony Caldaro's group) has...

ES Morning Update October 4th 2019

Yesterday we what appears to me to be a "capitulation" spike move down. It was quickly recovered and the market has been going up...

ES Morning Update August 7th 2019

Markets are down this morning, after a nice strong bounce yesterday. I don't think the bulls are done yet on this move up but...

ES Morning Update August 15th 2019

The market is getting wilder and wilder it seems as moves up and day are crazy, swinging from 500 points up to 800 points...

ES Morning Update July 2nd 2019

Exciting day yesterday... for the bears I mean. That opening pop that got faded all day long and didn't turn back up until around...

Falling Asleep Now…

Sometimes I have written these posts a day earlier... at least part of the post.  It's now 9:26pm on Monday night, and I've already...

ES Morning Update October 8th 2019

This morning we see the futures down, which is what I suggested might happen in the chatroom yesterday. Basically it looks like we completed...

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...

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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