Home Red's Posts 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 June 24th 2016

All this week I was looking for the gap to fill from 6/9 around 2115 and that was where I planned to short.  At...

ES Morning Update May 18th 2016

Critical support zone looks to be tested again today in the 2030-2035 area on this 60 minute chart of the ES Futures. The MACD's are...

ES Morning Update July 8th 2016

Rising trendline of resistance could be rode up early this morning Rising trendline of support still isn't anywhere near breaking down MACD's on this 60 minute...

ES Morning Update January 17th 2018

Well, it finally happened... a pullback!  It's been such a long rally up that I (and many others I'd guess) just fell asleep and...

ES Morning Update August 29th 2017

Looks like the 6 hour MACD finally rolled over as I thought it might either Monday or Tuesday. Isn't it funny how everything was...

ES Morning Update January 20th, 2017

Ok gang, as discussed in the chatroom yesterday... if for some reason we do not go up and tag that 2300 area but instead...

ES Morning Update March 20th 2018

Ok gang, yesterday's big drop took me by surprise. I was expecting a slow drift down into late Wednesday but yesterday turned into a...

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 September 28th 2018

This morning I want to look that the SPY 2 hour chart, which suggests a rally is coming soon. The MACD's are around the...

ES Morning Update October 12th 2016

Afterhours last night the futures ran up to 2140, which looks to be around the 38.2% Fibonacci level.  This morning they are back down,...

ES Morning Update September 15th 2016

Yesterday I proposed the idea that we'll make a positive divergence on the MACD's of this 2 hours ES Futures chart.  And again, while...

ES Morning Update February 1st, 2017

Ok guys, it's looking like we'll run into resistance from a falling trendline around the 2285 area and rollover if we hit it early...

ES Morning Update July 31st 2019

Yesterdays FP on the SPY was almost hit going into the close but missed by a little. However, it pretty much been hit now...

ES Morning Update January 15th, 2016

  The futures couldn't hold the rally yesterday as you can see they tanked again this morning.  I was thinking that because it was option...

ES Morning Update April 28th 2017

Hi everyone.  This Wednesday my Aunt Betsy (one of my mother's sister) died in the hospital around 8:30pm.  Everyone knew is was only a...

ES Morning Update August 7th 2018 – The TOP IS IN

Gang I'm looking for a top today for many reasons. One is the VIX fake print (FP) showing 11.07 was hit in the premarket....

ES Morning Update December 8th 2016

Here we are again it seems.  Another dude news event that most though would move the market but instead we are flat this morning. ...

ES Morning Update July 7th 2017

The futures have turned back up a little from being oversold yesterday.  Today looks very likely to be a bullish day as many charts...

ES Morning Update March 28th 2016

This new downward sloping trendline has been hit now and the futures pulled back from it. The MACD's finally went negative Friday and are now...

ES Morning Update May 8th 2019

Well, another Mini Flash Crash yesterday I guess as the ES Futures dropped from the Monday close of 2938 to 2862, which is 76...
s2Member®
// Below tags are to be included in the respective DIVs