ES Morning Update September 26th 2022

The introduction of the new downside FP on the SPY, which I'm not going to post publicly, has now canceled the prior FP of...

ES Morning Update September 23rd 2022

The rising trendline from the March 2020 low and June 2022 low was lost yesterday on the SPY/ES/SPX. If the bears are going to...

ES Morning Update September 22nd 2022

What a wild day yesterday after the FOMC! If that's not a flush out then I don't know what is? This is the SPY...

ES Morning Update September 21st 2022

Not much to add today. The market is waiting on the Fed, so we'll see what happens after they speak today around 2pm EST....

ES Morning Update September 20th 2022

The market continues to hold the 3850 zone as it did a late day rally up from it yesterday and into the close. This...

ES Morning Update September 19th 2022

I've pretty much covered about everything I know to mention. The move up that I was looking to start around Wednesday and carry into...

ES Morning Update September 16th 2022

More chop yesterday but today we see it has broken down. If we reach the mid-low 3800's today then that could be the end...

ES Morning Update September 15th 2022

Looks like yesterday was a dud day after all, with possibly the wave 4 bounce and wave 5 slightly lower low finishing that five...

ES Morning Update September 14th 2022

The drop yesterday was way too deep to be any tiny wave, so I've now got two adjustments for the waves in play. One...

ES Morning Update September 13th 2022

The 6hr chart is getting overbought on the RSI but again, the daily isn't anywhere near it yet. So we could (and "should") do...

ES Morning Update September 12th 2022

The RSI is getting up there into overbought on the 6hr chart but no where near it yet on the daily. I suspect we'll...

ES Morning Update September 9th 2022

The bulls did a good job yesterday of holding the support yesterday as they pulled back early and then rallied late in the day....

ES Morning Update September 8th 2022

I think we have our low and it happened on Tuesday at 3886, which wasn't what I wanted but beggars can't be choosers... as...

ES Morning Update September 7th 2022

The market is now super close to the bottom of this move down and the rally up off of it should be very powerful....

ES Morning Update September 6th 2022

Will it ever end? Friday started off good with a strong move up after the jobs numbers at 8:30am EST, but then reversed and...

Remember the past and you can see the future

Remember the past and you can see the future... https://twitter.com/nytimes/status/1565345010035605505 Back in the 2007-2009 stock market bubble and then recession we saw the banks come out...

ES Morning Update September 2nd 2022

Another brutal day for the bulls yesterday, but a late day rally showed some hope of a low being in. The bottom at 3903...

ES Morning Update September 1st 2022

Even more downside yesterday it seems. This is getting a little bit worrisome for the 4400+ by the middle of next week. Possible? Yeah......

ES Morning Update August 31st 2022

Yesterdays drop went deeper then I thought it would, but it does look like the Extra Tiny Wave 5 is finished now... which also...

ES Morning Update August 30th 2022

The Extra Tiny Wave 3 inside Tiny Wave C is done now at the 4006 low yesterday. We are in the Extra Tiny Wave...
s2Member®
// Below tags are to be included in the respective DIVs