ES Morning Update September 27th 2021
No change in the forecast really. It still looks to me like we are doing an ABC up for the bigger B wave, that...
ES Morning Update September 24th 2021
The market continued up yesterday in what was likely the small wave 3 I was talking about. It pushed through the falling channel in...
ES Morning Update September 23rd 2021
The FOMC Meeting yesterday was a non-event for the most part as the market just continued up with just a small pullback, which is...
ES Morning Update September 22nd 2021
Today is Fed Day, so the market could stay in "pause mode" until after 2pm EST when the minutes from the meeting are released....
ES Morning Update September 21st 2021
The market finally found a bottom yesterday and bounced into the close. But I doubt if the selling is over with on the bigger...
ES Morning Update September 20th 2021
The market is in freefall this morning and I missed it. I got last week completely wrong thinking there would be a big bounce...
ES Morning Update September 17th 2021
A wild day yesterday with big moves both directions. This is typical of a B wave rally as it tries to shake out both...
ES Morning Update September 16th 2021
Yesterday I talked about a possible Flash Crash if that support was broken from the rising green trendline and the 50 DMA, but it...
ES Morning Update September 15th 2021
Bears failed again yesterday to take out the rising green trendline and the 50 day moving average (4423, but now 4425). They pierced the...
ES Morning Update September 14th 2021
Yesterday the market dropped right into the light green rising trendline, where support has been so many times in the past, and bounced once...
Chesapeake
clear sky
56.6
°
F
62
°
48.3
°
81%
0.8mph
1%
Tue
81
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Wed
72
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Thu
73
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Fri
69
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Sat
70
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Red's Daily Updates
ES Morning Update September 27th 2021
No change in the forecast really. It still looks to me like we are doing an ABC up for the bigger B wave, that...
ES Morning Update September 24th 2021
The market continued up yesterday in what was likely the small wave 3 I was talking about. It pushed through the falling channel in...
ES Morning Update September 23rd 2021
The FOMC Meeting yesterday was a non-event for the most part as the market just continued up with just a small pullback, which is...
ES Morning Update September 22nd 2021
Today is Fed Day, so the market could stay in "pause mode" until after 2pm EST when the minutes from the meeting are released....
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