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ES Morning Update January 21st 2025

The move up Friday happened as I had hoped it would and it stopped right around the 1/6 prior high, but I don't think it's...

ES Morning Update January 17th 2025

A nothing day yesterday as the market chopped around, which is a bull flag basically. I'm looking for a breakout today and a run up...

ES Morning Update January 16th 2025

Yesterdays CPI sparked off the short squeeze as the bears didn't get that last flush out move lower first. I do think it continues, even...

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...