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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 19th 202- FLASH CRASH COMING

FLASH CRASH COMING Tomorrow is the big day when either all the Q fans are right and President Trump makes the arrests and filmed confessions...

ES Morning Update January 15th 2021

For the first time in many days the DOW closed under the 31,000 level, and is set to open below it this morning. It's...

ES Morning Update January 14th 2021

I was unable to do a post yesterday due to my site crashing from too much traffic to a post I did about politics....

ES Morning Update January 12th 2021 And The NEXT President On March 4th 2021

The market just isn't ready yet to rollover is seems. Yesterday we had a decent start in the morning but it quickly rallied back...

ES Morning Update January 11th 2021

As all of you regular readers know I rarely post over the weekend as this blog is primarily about the stock market. But I...

ES Morning Update January 8th 2021 TOP Looks IN To Me

Everything played out perfectly yesterday. It was a very major turn date, that required new highs to be hit. The DOW hit one, the...

ES Morning Update January 7th 2021

In the free chatroom yesterday I bailed on my shorts at the open as it didn't look good for that medium wave 3 down...

ES Morning Update January 6th 2021

Today is the big day! The day we see who the real traitors are in both parties. Those that support President Trump are the...

ES Morning Update January 5th 2021

Nice drop yesterday! Way to get the party started Bears! From an Elliottwave point of view I think we had a medium wave 1 down...

ES Morning Update January 4th 2021

Welcome to a new year. The futures have started off with a bang making a new all time high for 2021. Odds now of...

ES Morning Update December 31st 2020

Futures are flat this morning, so it's not looking like they want to hit that FP on the SPY today, but it's a full...

ES Morning Update December 30th 2020

Not much to add this morning. The futures are grinding higher, so tomorrow is the all important top date. We need to see the...

ES Morning Update December 29th 2020

The market continues to climb up slowly and as long as we top on the coming turn date of the 31st (30th in cash...

ES Morning Update December 28th 2020

I hope everyone had a great Christmas holiday. This morning we see the futures up some, which I guess is from the stimulus bill...

ES Morning Update December 24th 2020

The futures are mostly flat this morning, up small. Yesterday the market didn't do much either with a small up move and slightly green...

ES Morning Update December 23nd 2020

Well, the market DID NOT hit my upside target yesterday so the Flash Crash I was looking for next Monday is canceled. Very frustrating...

Is Another BLACK Monday Coming

Black Monday December 28th, 2020? I think something BIG is about to happen over this weekend. There are just too many clues in the numbers...

ES Morning Update December 21st 2020

Looks like the bears finally woke up. Bouncing hard here, though I'm not sure what to think? The down move I'm looking for isn't...

ES Morning Update December 18th 2020

Futures are flat this morning with no clear direction in sight. The typical option expiration manipulation is in play of course. Looking at the...

ES Morning Update December 17th 2020

The FOMC meeting yesterday was a dud as all the past ones have been in the last several years. The market didn't really move...
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