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Red
Posts

ES Morning Update June 25th 2024
Yesterday was pretty much as expected as we bounced early in the day and pulled back late in the day. I think this chop will...

ES Morning Update June 24th 2024
Last Friday was as expected, a nothing day. We did have an early bounce but it didn't hold and we pulled back again and just...

ES Morning Update June 21st 2024
Finally... a pullback. But we failed to hit the FET at 5618, so I'm very leary of this move as I really think they will...

ES Morning Update June 20th 2024
Almost at the FET of 5618 now as the bulls continue to grind higher inch by inch. I could say it's overbought until I'm blue...

ES Morning Update June 19th 2024
A whole lot of nothing yesterday as market continued to chop and inch higher. This week is OPEX, so it's perfectly normal for this kind...

ES Morning Update June 18th 2024
The bulls didn't even pause at all yesterday, but went up steady all day. Not much to do here but watch and wait as my...

ES Morning Update June 17th 2024
We have the roll from the June contract on the ES to the September now, which added 58 points on it instantly. I forgot about...

ES Morning Update June 14th 2024
As expected we had a wave 1 down and 2 up yesterday, of some degree, which isn't important to know right now. There could be...

ES Morning Update June 13th 2024
We got the short squeeze I was looking for, and we hit the rising white trendline spot on (pierced a little). Everything looks good to...

ES Morning Update June 12th 2024
Big day today the CPI and the FOMC will certainly cause some big moves in the market one way or the other. My lean is...