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 September 17th 2019

Looks like the futures are basically flat this morning. Not much to add today that hasn't already been said. The market is waiting on...

ES Morning Update September 16th 2019

The ES futures were down as much as 20 points Sunday night but have recovered a lot of it now this premarket Monday morning....

ES Morning Update September 13th 2019

Yesterday was a very frustrating day for the bears as the turn back down did not happen, and so far it's not looking likely...

ES Morning Update September 11th 2019

As I told to everyone in the free chatroom yesterday the Lucy3 sell was killed yesterday morning with the move down. For the sell...

ES Morning Update September 10th 2019

Here we are gang, one day before a very important ECB meeting and the anniversary of the 911 False Flag 18 years ago. Even...

ES Morning Update September 9th 2019

The weekend is gone and it's time to get back to trading... or trying to at least. This morning the futures are up a...

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 September 5th 2019

Yesterday the big sell setup was canceled as the market rallied too much throughout the day. It needed to have weakness all day long...

ES Morning Update September 4th 2019

Looks like we got the rally that was spoken about in the free chatroom yesterday. Guess I should have went long but again I...

ES Morning Update September 3rd 2019

The holiday is over now and it's time to get back to the market, which is down about 20 points currently this early Tuesday...

ES Morning Update August 30th 2019

Well gang, I guess I exited too early on my longs yesterday at the close. Bummer. But a win is a win and always...

ES Morning Update August 29th 2019

Yesterday was one tough day as the market was at a critical point where it could have just as easily gaped down this morning...

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 August 27th 2019

Still in no mans land between support below and resistance overhead. Nothing is really clear for the direction which is exactly how SkyNet likes...

ES Morning Update August 26th 2019

It's the wild, wild west stock market with mini-flash-crashes it seems! I've missed a lot of big moves as it just didn't see them...

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...

ES Morning Update August 22nd 2019

Still not going anywhere it seems. I've been waiting for a breakout to the upside for a run up to a possible FP at...

ES Morning Update August 21st 2019

Today is day three with the futures still unable to get through the falling yellow trendline. This is NOT good for the bullish case...

ES Morning Update August 20th 2019

The futures are set to open mostly flat this morning, which after such a strong rally up yesterday that's to be expected I guess....

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...

Red's Daily Updates

ES Morning Update September 20th 2019

Yesterdays grind higher came late in the day after first fading back lower. The move up came extremely close to hitting a new all...

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