Reds Daily Updates

Reds Daily Updates

These posts are Red's daily forecast for the short term direction of the stock market.

ES Morning Update March 14th 2019

More grind up yesterday was the name of the game. This morning the futures are about flat so not much clues there on where...

ES Morning Update March 13th 2019

Futures are up again this morning as the grind up continues. It's hard too be sure if the small pullback in the afternoon yesterday...

ES Morning Update March 12th 2019

The bulls did indeed win yesterday as they rallied hard all day long. Glad I was leaning bullish and not bearish... LOL! So what...

ES Morning Update March 11th 2019

This week is a Quad Witching week where 4 different classes of assets expire, so it could be a wild one. In fact it's...

ES Morning Update March 8th 2019

Futures are down again this morning so I'm glad I waited on that long I was thinking about taking. But I suspect this is...

ES Morning Update March 7th 2019

Looks like the chop I expected after the Monday drop is going to continue today as well. The market has been playing pin pong...

ES Morning Update March 6th 2019

So far, so good. The market is just chopping sideways for the most part as expected. How long will this last is the question...

ES Morning Update March 5th 2019

Finally! We got our first drop! Yesterdays pop and drop was what I've been looking for to happen. It's the sign that the big...

ES Morning Update March 4th 2019

This Monday morning the premarket session is up with a high so far of 2819.75 being hit last night. We still haven't seen any...

ES Morning Update March 1st 2019

The bulls are running hard this morning it seems with the futures up nicely. Are they going to make a higher high or lower...

ES Morning Update February 28th 2019

It certainly has been a choppy week so far, with the market really not going anywhere yet it seems. I'm not sure if it's...

ES Morning Update February 27th 2019

The market still seems to be in slow motion doing a whole lot of nothing these past few days. It is showing some signs...

ES Morning Update February 26th 2019

Finally... the bulls are looking a little tired. Yesterdays early morning peak high now is the challenge for the bulls as while it would...

ES Morning Update February 25th 2019

Here we go again... more grinding higher. Friday was looking good for the bears briefly with that late day drop but the bulls reversed...

ES Morning Update February 22nd 2019

Some small cracks in the market showed up yesterday but it still doesn't look ready to drop hard yet. Today it's probably going to...

ES Morning Update February 21st 2019

Over night the SPY popped higher to 279.63 to hit and pierce the FP, but the futures are now back down below it now....

ES Morning Update February 20th 2019

Not much to add this morning. I don't expect any big movement in front of the 2pm FOMC today. Yesterday SkyNet teased us by...

ES Morning Update February 19th 2019

I hope everyone had a great long weekend. For myself I honestly can say that I don't like holidays as I'm lost without the...

ES Morning Update February 15th 2019

Yesterdays pullback was small but might have been enough to complete a tiny wave 4 down and allow a tiny wave 5 up to...

ES Morning Update February 14th 2019

Ok,the best I can tell the smaller wave 3 up end yesterday at the high and we are in the smaller wave 4 down...

Red's Daily Updates

ES Morning Update March 19th 2019

More grinding up again this morning it seems. This is of course done during an FOMC week as we certainly don't want to see...

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