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ES Morning Update December 24th 2024

Should be a light volume day with a move up from the looks of the charts now. We are probably starting a wave 3 up...

ES Morning Update December 23rd 2024

The bottom appears to be in for the pullback, which was a wave 4 of some degree. We are in the final wave 5 up...

ES Morning Update December 20th 2024

A choppy day yesterday as the market is carving out the wave 4 bounce and wave 5 down to complete the C wave. We might...

ES Morning Update December 19th 2024

WOW! That was one crazy drop yesterday! I talked about a "fake out" move yesterday and I certainly wasn't expected one that big. I wanted...

ES Morning Update December 18th 2024

Up, down, up, down, but going nowhere... that's the market of the last week or so. A big move is coming, but I don't know...

ES Morning Update December 17th 2024

While the ES has now rolled to the March contract I'm going to continue referring to the December contract for right now. Just add 70+...

ES Morning Update December 16th 2024

This most important thing this week is the FOMC on Wednesday, so between now and then we might continue to be rangebound between the all...

ES Morning Update December 13th 2024

We got a pullback yesterday but it was for a higher low, not the C wave down for a lower low that I wanted. But...

ES Morning Update December 12th 2024

The market rally as I thought it would but it went higher then I expected. In fact, the Nasdaq put in a new all time...

ES Morning Update December 11th 2024

On the short term the market is close now to getting oversold on the RSI for the 6hr chart, which if we just look at...