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ES Morning Update February 4th 2025

We held the double bottom to make the second right shoulder of the inverted head and shoulders pattern yesterday and rallied nicely. The RSI and...

ES Morning Update February 3rd 2025

On Friday we finally reached a triple top, but short term charts looked too overbought to me to support a blow off gap up Monday...

ES Morning Update January 31st 2025

A lot of a chop yesterday as the market tried to shake out bulls and bears both before a breakout happened. This pattern reminds me...

ES Morning Update January 30th 2025

We got the pullback yesterday for the wave 2, and while it didn't go as deep as I would have liked it was enough to...

ES Morning Update January 29th 2025

Big day today as the FED is likely going to cause a lot of wild moves. From a technical point of view the short term...

ES Morning Update January 28th 2025

We got a strong bounce up from the low yesterday, but is the low in? That's a question I can't answer but I really don't...

ES Morning Update January 27th 2025

Sunday night in the futures shortly after they opened the market tanked.  The 6100 zone didn't hold so next will be the 6065 level, and...

ES Morning Update January 24th 2025

We chopped around all day yesterday and then ran some stops into the close, which was foretold by a FP on the QQQ of 531.91...

ES Morning Update January 23rd 2025

We hit the double top yesterday and all that is left is one small pullback today before we go into a sideways choppy basing mode...

ES Morning Update January 22nd 2025

We got the move up yesterday that I was looking for and today should end it with a stop run above the 12/26 prior high,...