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ES Morning Update January 15th 2025

Ok, yesterday was a choppy one as the market continued to carve out the wave 4 up, which either finished or will finished today after...

ES Morning Update January 14th 2025

We found a bottom yesterday at the 5809 low on the ES, and have been bouncing back up ever since. Looking at the oversold RSI...

ES Morning Update January 13th 2025

Really close now to the bottom, but not quite there yet. I do think we'll see it soon though, like today or Tuesday. Of course...

ES Morning Update January 10th 2025

The market continued to pullback on Wednesday and I'm not expecting much to happen today. Everything is pointing to a bottom early next week as...

ES Morning Update January 8th 2025

We had a nice pullback yesterday, which looks like it was a C wave inside my wave 2 down, inside C up to complete wave...

ES Morning Update January 7th 2025

So far, so good for resistance holding. We've had a clean 5 wave rally up from the low last week and we have likely seen...

ES Morning Update January 6th 2025

It doesn't look like they are going to allow the double bottom area to break as we come to the end of the bearish period...

ES Morning Update January 3rd 2025

We double bottomed yesterday after a lot of wild intraday swings up and down, and rallied up from into the close. We are very close...

ES Morning Update January 2nd 2025

Nothing has changed with the forecast as the market is still on track to bottom into next Monday/Tuesday. It's just missing that one big down...

ES Morning Update December 31st 2024

The market started the first wave 1 down inside the wave 3, of C yesterday. It bottomed midday and bounced back up to erase about...