Profile | Red Dragon Leo - Stock Market Trading on the Darkside

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...

January 14, 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...

January 13, 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...

January 10, 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...

January 8, 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...

January 7, 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...

January 6, 2025

We double bottomed yesterday after a lot of wild intraday swings up and down, and rallied up from into the close. We are very close...

January 3, 2025

Nothing has changed with the forecast as the market is still on track to bottom into next Monday/Tuesday. It's just missing that one big down...

January 2, 2025

The market started the first wave 1 down inside the wave 3, of C yesterday. It bottomed midday and bounced back up to erase about...

December 31, 2024

Friday did indeed start the C wave down that I've been looking for to unfold. It was just the wave 1 inside the C and...

December 30, 2024