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Reds Daily Updates Red - July 26, 2024

Getting close now to the low. Charts everywhere are oversold or very near it. My big question is... "Will this low finish the correction?"....

Reds Daily Updates Red - July 25, 2024

The prior low for my bigger A wave down was taken out yesterday, so that means the bigger B wave up finished at Tuesdays...

Reds Daily Updates Red - July 24, 2024

Ok, the plan is playing out as expected as we should be in a B wave down inside a bigger B wave up, which...

Reds Daily Updates Red - July 23, 2024

Ok, we got the bounce as expected, which could go higher still as the RSI and MACD's on the 6 hour chart have plenty...

Reds Daily Updates Red - July 22, 2024

So far so good. Last Friday failed to hold any early rally and went lower intot the close as I expected. I think we...

Reds Daily Updates Red - July 19, 2024

I didn't have a chance to do a post yesterday... sorry about that. Hopefully everyone figured out that the move down wasn't over with...

Reds Daily Updates Red - July 17, 2024

Inched a little higher yesterday on the ES but not the NQ as it's slowing rolling over, so the ES will follow, but again,...

Reds Daily Updates Red - July 16, 2024

We hit the FET of 5713 yesterday and pierced it a few points. Then we pulled back nicely, which has the look and feel...

Reds Daily Updates