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ES Morning Update August 23rd 2024

I didn't do a post yesterday as there wasn't anything to add, but we did finally get a pullback started, so assuming the current high...

ES Morning Update August 21st 2024

A whole lot of nothing yesterday as bulls take a breather. A pullback of some degree is near and could start anytime now. But the...

ES Morning Update August 20th 2024

The market continued higher again yesterday so I have to think the odds of any decent pullback are getting slimmer by the day and the...

ES Morning Update August 19th 2024

Friday went a little high but not much overall. I posted an updated wave count on Friday and so far it's still looking accurate. This...

ES Morning Update August 16th 2024

Yesterday surprised with another big squeeze. I was really thinking that it wouldn't go very much into the low 5500's but it just kept going....

ES Morning Update August 15th 2024

We rallied yesterday a little more and almost hit the 61.8%, so we are close enough now for a top for this rally. It could...

ES Morning Update August 14th 2024

I was looking for a small pullback yesterday and then a strong rally, but the pullback never happened and instead the market squeezed hard all...

ES Morning Update August 13th 2024

Yesterday the market consolidated with a couple of brief dips. This is normal in front of the CPI and with it coming out tomorrow I...

ES Morning Update August 12th 2024

This week the market will be focused on the CPI out on Wednesday, which should do the typical wild swings to trap both sides before...

ES Morning Update August 9th 2024

So far the market is looking good for a "turn" late next week as the larger B wave appears to still be unfolding. The "turn"...