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ES Morning Update August 15th 2017

Looks we got a little more follow-through on the upside this morning, which didn't surprise me considering the strong move up yesterday.  Plus, while this...

10 years after financial crisis..another crash is “almost inevitable”

Ten years on from the start of the global financial crisis, one of only a handful of economists to predict the crash, Professor Steve Keen,...

ES Morning Update August 14th 2017

Good Monday morning to everyone.  The bulls are back and bears in trouble, at least that's the way it's starting off this morning.  We have...

ES Morning Update August 11th 2017

Well, so much for the ABC pattern up for the wave 2 as clearly that ended on Wednesdays' close.  The move down yesterday sure looked...

ES Morning Update August 10th 2017

Yesterday was of course a pause day as the market got short term oversold from the tricky move down on Tuesday.  Now this morning we...

ES Morning Update August 9th 2017

Yesterday I suggested that the MACD's on the 60 minute chart of the SPX cash would turn back up probably on Wednesday or Thursday and...

ES Morning Update August 8th 2017

The 60 minute (longer term) MACD on the SPX cash did curl back up just a hair at the close yesterday.  Now the two lines...

ES Morning Update August 7th 2017

Good Monday morning to everyone.  Not much to say this morning as the 60 minute charts shows no clear direction and the 6 hour chart...

ES Morning Update August 4th 2017

Yesterday at the close when they dropped the market I had a gut feeling that was the signal that the NFP Report (non-farm payroll, now...

ES Morning Update August 3rd 2017

The market finally broke-down yesterday losing the red rising trendline of support.  Of course it rallied back hard as the bulls never seems to give...