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 October 16th 2019

Yesterday near the close I decided to take a short position. A lot of factors went into it, like the 5 wave up move...

ES Morning Update March 3rd 2016

The Futures are coming to the end of a smaller rising wedge from the 1890 low and are inside a bigger one from the...

ES Morning Update April 27th 2016

Same as yesterday... just riding the trendline sideways No clue here in the MACD's as they are flatlined on most all time frames Not much to...

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 January 17th 2020

The grind continues this Friday morning. The bulls just don't seem to ever want to rest. But a holiday is near (next Monday the...

ES Morning Update April 15th 2016

Looking pretty tired up here.  Bulls need to hold this rising trendline around 2060 this morning. MACD's on the 60 minute chart and 2 hour...

ES Morning Update May 8th 2018

  Ok, yesterday looks to have ended the wave 3 up and this mornings' low could be the wave 4 down... leaving wave 5 up...

ES Morning Update July 29th 2019

Futures are basically flat this Monday morning but if you look closer they seem to big in a rising wedge pattern now with a...

ES Morning Update October 1st 2018

The futures are up this morning nicely over 14 points I write this morning update. This should be the final 5th wave up to...

ES Morning Update June 30th 2016

Futures finally ran into some resistance and seem too be taking a pause for now. MACD's are pointing down finally from getting very overbought yesterday. Today...

ES Morning Update November 20th 2017

Another week is upon us and it's also Thanksgiving week.  It should be a light volume week due to the holiday and of course...

ES Morning Update October 9th 2017

I'm not expecting much today as it's Columbus day here in America so while the stock market is open I'd think we'll still have...

ES Morning Update February 4th 2020

Yesterday I said in the chatroom I thought we'd go up in 5 or 7 waves, and we had the wave 1 up at...

ES Morning Update February 28th, 2017

Not much to add this morning gang.  The market is waiting on Trump to speak tonight at 9pm EST, which should cause some reaction...

ES Morning Update May 16th 2017

Yippee, the bulls finally hit 2400 and scored a touchdown... it's about time!  So were are we at now?  Yesterday's strong rally, with the...

ES Morning Update January 24th 2020

The futures are up close to the recent all time high but haven't went through it yet. Are the bears teasing the bulls for...

ES Morning Update July 21st 2016

Another day, same story... the bears are sleeping very deeply now as the bulls are resting trying to decide if they want to continue...

ES Morning Update March 6th 2019

So far, so good. The market is just chopping sideways for the most part as expected. How long will this last is the question...

ES Morning Update February 25th 2019

Here we go again... more grinding higher. Friday was looking good for the bears briefly with that late day drop but the bulls reversed...

ES Morning Update November 28th 2018

Tomorrow, the last 11/11/11 date will likely pan out to be a dud. It has very low odds of a crash but we could...
s2Member®
// Below tags are to be included in the respective DIVs