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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...

ES Morning Update April 12th 2024

The market appears to have bottomed now as I was thinking it would. Looking at the 2hr, 6hr and daily chart the all support a...

ES Morning Update April 11th 2024

The CPI didn't disappoint as we got a quick spike up on the QQQ to hit the FP and then reversed back down hard by...

ES Morning Update April 10th 2024

WOW! What a crazy day yesterday (and Monday). I had hoped that the market would rally up into the CPI and then tank after it,...

ES Morning Update April 9th 2024

A "pause" day yesterday, which today could be the same if the market is waiting on the CPI tomorrow. I would prefer to see a...

ES Morning Update April 8th 2024

We rallied as expected on Friday and hit the FP on the QQQ and then we pulled back about a third of the move up....