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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 September 19th 2019

The FOMC is now over and what I wild day it was after the minutes were released with wild swings up and down several...

ES Morning Update October 23rd 2019

Yesterday I said I really didn't have a clue on where the market was going that day, but I mentioned I might take a...

ES Morning Update July 18th 2019

Well, I guess that passport is a dud as so far there's nothing going on in the futures, which are basically flat. The prior...

ES Morning Update May 15th 2019

Yesterday in the chatroom we talked about a possible FP being the upside target and I kinda thought the market might fool the bears...

ES Morning Update August 9th 2019

The futures are down some this morning but I guess that's to be expected after such a large rally yesterday. I was able to...

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 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 June 24th 2019

Futures are up a little this morning but not much, especially when compared to all the big gap up opens and runs from last...

ES Morning Update June 28th 2019

Well, the futures are up small this morning. I really was thinking this move up would have finished yesterday and we'd be down this...

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 October 1st 2019

The futures are up some this morning but the overnight session had them up more... and they managed to pop through the 200 simple...

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 July 23rd 2019

Well, the futures are up a little again today it seems. Very dull day yesterday and today might be the same? I guess you...

ES Morning Update September 25th 2019

Yesterdays drop was a surprise but in this news driven market it seems that surprise drops happen a lot. The Trump impeachment news will...

ES Morning Update August 13th 2019

Pretty deep down day yesterday but the moves these recent days seem to be large every day. I'm still not looking for a breakdown...

ES Morning Update August 16th 2019

Yesterday we saw what could have been called a wave 4 up and 5 down of C down, which was the large 800 point...

ES Morning Update May 9th 2019

Yesterday we got our choppy day with close around flat. This morning we see the futures went down more afterhours but have bounced back...

ES Morning Update November 8th 2019

Looks like a another boring day as the futures ride the rising trendline this morning before the open. As long as it holds I...

ES Morning Update October 2nd 2019

Wow! What a day yesterday was. Here I was stuck short and hating it but around 10am that all changed as the market started...

ES Morning Update July 9th 2019

Ok, tough call about what wave count we are in right now. The 5th wave up (Called "Micro" according to Tony Caldaro's group) has...
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