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Reds Daily Updates

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

ES Morning Update January 14th 2020

The futures are flat this morning, so it's hard to get a good read on the market. I'd really like to see some quick...

ES Morning Update January 13th 2020

The futures are up this morning, which doesn't surprise me. I wasn't expect much to happen until at least after the January VIX contract...

ES Morning Update January 10th 2020

The futures are up a little this morning, which is expected with the DOW so close to 29,000 that you know they will want...

ES Morning Update January 9th 2020

Nothing exciting about the market this morning as it up again as usually. That ABC down we had over the last week or so...

ES Morning Update January 8th 2020

Afterhours yesterday the futures tanked almost 60 points, but recovered it all with the futures now being up a few points. I'm sure they...

ES Morning Update January 7th 2020

Well the bulls did indeed rally the market back up yesterday and came close to hitting the FP on the SPY from last Friday....

ES Morning Update January 6th 2020

Looks like we are doing the retest of the low from last week. I spoke about it being a possible ABC down for a...

ES Morning Update January 3rd 2020

Well, yesterday did indeed have an early morning pullback after failing to get through the last Friday high and only making a double top,...

ES Morning Update January 2nd 2020

The market is ripping higher this morning to start off 2020 with a bang... at least for the bulls. It's not quite taken out...

ES Morning Update December 31st 2019

Nice surprise drop yesterday that I wasn't expecting.  However, I doubt if it repeat again. Today looks to be a mostly flat day with...

ES Morning Update December 30th 2019

Nothing much to say for today or tomorrow as it's looking likely that both days will just chop around with light volume and go...

ES Morning Update December 27th 2019

So much for the pullback I was looking for as new all time highs were made at the last minute yesterday on all the...

ES Morning Update December 26th 2019

I hope everyone had a great Christmas. This morning we see the futures up a little but nothing huge. I'm still expecting a pullback...

ES Morning Update December 24th 2019

Twas the night before Christmas when all the bears are a sleep and bulls happy, fat and smiling from having such a great year. Not...

ES Morning Update December 23th 2019

I'll keep this update short as this is a holiday week, but don't fall asleep as I'm expecting a pullback to start right after...

ES Morning Update December 20th 2019

A nice move up yesterday to put another new all time high. We are getting close now to top zone on the DOW that...

ES Morning Update December 19th 2019

Yesterday the company I used for hosting the free chatroom went down and stayed down all day long... including their website. They are Flyzoo.co...

ES Morning Update December 18th 2019

It's starting off as another flat day it seems but that could all change of course by the open. I don't have much to...

ES Morning Update December 17th 2019

Nice squeeze by the bulls yesterday but did you notice IWM still hasn't made a new high since the day it hit the 164.34...

ES Morning Update December 16th 2019

The futures are this morning in what might be the start of the Christmas rally? Usually it's a little closer to end of the...
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