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ES Morning Update April 26th 2024

The Typical Scenario... No time was wasted yesterday as it put in the bottom for my smaller B wave, which I thought might carry into...

ES Morning Update April 25th 2024

As expected we had a pause day yesterday being up part of the day and down part of the day, but closing about flat. Then...

ES Morning Update April 24th 2024

Yesterday rally has likely killed my wave count. The resistance was busted through, and now we appear to be getting the 50% rally up that...

ES Morning Update April 23rd 2024

We didn't get that last drop yesterday as the market was too oversold short term it seems. A nice bounce happened instead, which could last...

ES Morning Update April 22nd 2024

The market continues lower as we get closer and closer to the FP on the SPY. Last Thursday had a nice drop in the futures...

ES Morning Update April 19th 2024

A nothing day yesterday as the chop continued. This 5050 area on the ES is critical support for the bulls, which is why it's been...

ES Morning Update April 18th 2024

The market finally broke down yesterday but then recovered a lot of it before the close. Nothing really to do right now but wait as...

ES Morning Update April 17th 2024

A "pause" day yesterday as the market completed what I think was Extra Tiny Wave 4 and 5, which completed Tiny Wave 3 down. After...

ES Morning Update April 16th 2024

Another tricky move yesterday as we did get an early rally that looked like it might be going up to the FP on the QQQ,...

ES Morning Update April 15th 2024

What a disaster for the bulls last Friday. I thought we would rally back up as the technicals where getting down in a zone where...