Red

User banner image
User avatar
  • Red

Posts

ES Morning Update May 3rd 2024

So far so good for my thoughts as discussed in yesterdays post. The market held support yesterday and went up nicely afterhours from the Apple...

ES Morning Update May 2nd 2024

Sheesh... what a curve ball yesterday with that fast squeeze up after the FOMC that got fully reversed by the close. Insane move, and one...

ES Morning Update May 1st 2024

WOW! What a nice drop yesterday. As of the close we are only about 150 points away from the FP on the SPY now, so...

ES Morning Update April 30th 2024

A nothing day yesterday as the market is in a "wait and see" mode it seems. Really not much to add here as the 50%...

ES Morning Update April 29th 2024

We got the rally to the 50% retracement that I was looking for on Friday by coming just 2 points shy of 5148, so that's...

ES Morning Update April 26th 2024

The Typical Scenario... No time was wasted yesterday as it put in the bottom for my smaller B wave, which I thought might carry into...

ES Morning Update April 25th 2024

As expected we had a pause day yesterday being up part of the day and down part of the day, but closing about flat. Then...

ES Morning Update April 24th 2024

Yesterday rally has likely killed my wave count. The resistance was busted through, and now we appear to be getting the 50% rally up that...

ES Morning Update April 23rd 2024

We didn't get that last drop yesterday as the market was too oversold short term it seems. A nice bounce happened instead, which could last...

ES Morning Update April 22nd 2024

The market continues lower as we get closer and closer to the FP on the SPY. Last Thursday had a nice drop in the futures...