ES Morning Update December 20th 2021

As I write this update it's Sunday and the futures aren't yet open so things could change a little but the overall picture here...

ES Morning Update August 2nd 2021

Looks like we reached the FP this morning that I mentioned on Fridays update. It's on the QQQ and DIA as well. Basically it's...

ES Morning Update June 2nd 2021

Nice double top put in yesterday on the SPY and SPX, with the DOW and NDX still short of getting close. Today is looking...

ES Morning Update June 29th 2021

Yesterday we pulled back to 4264 on the ES and that was all we saw as after that the market floated back up. I...

ES Morning Update November 10th 2021

The market finally appears to have topped (for now) and is likely starting the pullback (or correction) phase. It should be slow in the...

ES Morning Update July 22nd 2021

Bulls pushed through the falling red trendline of resistance yesterday and appear to be running for a new all time high now. But the...

ES Morning Update October 28th 2021

The market finally started to pullback some yesterday near the close. It should be the start of the wave 4 down, which is a...

ES Morning Update November 30th 2021

Looks like we are still carving out the B wave bounce inside the Large Wave 2 (LW2) down from the all time high. The...

ES Morning Update November 2nd 2021

The market is clearly waiting on the Fed to speak tomorrow at the FOMC meeting. Nothing has changed as everything is still very overbought...

ES Morning Update December 16th 2021

WOW! What a squeeze yesterday after the FOMC. The FP on the QQQ never quite got hit but it got close for sure. I...

ES Morning Update December 15th 2021

The market found support yesterday around the 4600 area and did a strong bounce into the close. It fell through the falling light blue...

ES Morning Update July 15th 2021

Yesterday had a nice series of wave 1's down and wave 2's up, which sets up a nasty wave 3 down at some point...

ES Morning Update December 17th 2021

So far so good as the wave count I forecasted yesterday is playing out. We didn't see any new all time highs in the...

ES Morning Update November 12th 2021

Today is Friday, and the typical pattern is to rally into the close. That might not play out this time around as the technicals...

ES Morning Update December 10th 2021

Yesterday looked like the completion of a wave 4 pullback inside this medium B wave rally from the triple bottom lows last week. It's...

ES Morning Update July 26th 2021

This week we have an FOMC meeting on Wednesday, so I don't expect much action in front of it. All the short term charts...

ES Morning Update December 14th 2021

Looks like we started the medium C wave down yesterday and it's continuing this morning, but short term charts should be oversold by the...

ES Morning Update July 13th 2021

We hit the 4370-4390 range where major resistance is at, and so far that seems to be the top. Now we just watch and...

ES Morning Update August 3rd 2021

Stuck in a range with no clear direction seen... that's the market this morning. Something will give soon I'm sure, and might be timed...

ES Morning Update November 5th 2021

The market didn't disappoint yesterday as the bulls got it up into the "10-20 points over or under" a large even number level (4700)...
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