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Red
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ES Morning Update July 24th 2017
Good Monday morning everyone. The 60 minute chart here of the ES Futures is looking oversold and acting like it wants to go up. The...
ES Morning Update July 21st 2017
A whole lot of nothing yesterday, at least by the close. There was a slight pullback in the morning but it got bought up by...
Last week the Fed raised the white flag on further rate hikes. There won’t be any for the foreseeable future.
No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike might be at the December 13, 2017...
ES Morning Update July 20th 2017
So far we've had a high overnight/premarket of 2476.25 and seem to be backing down a little from it this morning. I've mentioned in the...
ES Morning Update July 19th 2017
This morning the bulls are at the goal line again and looking like they are going to score. But the charts disagree as this 60...
The Fed’s New Plan Could Kill the Market as Soon as September
As far as the markets go, they've had an incredible run since 2009. That's because the U.S. Federal Reserve bought more than $4 trillion worth...
ES Morning Update July 18th 2017
Yesterday I spoke of the blue rising trendline where the bulls needed to hit afterhours and bounce up from it or else they would be...
ES Morning Update July 17th 2017
Good Monday Morning everyone. In the charts this morning we have an overbought 6 hour MACD that's up in the 6.1 to 7.2 zone, which...
IMF’s Lagarde doesn’t rule out another global financial crisis
Another financial crisis is still possible, according to International Monetary Chief Christine Lagarde. She was commenting on a statement by US Federal Reserve Chair Janet...
ES Morning Update July 14th 2017
Just sideways consolidation it seems, which looks a lot like the last week of May before another squeeze higher started on June 1st. I'm sure...