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Reds Daily Updates

These posts are Red's daily forecast for the short term direction of the stock market.

ES Morning Update November 30th 2017

The last few days I haven't seem to be getting any calls correctly.  And it seems to happen to me the most when a...

ES Morning Update April 29th 2020

Today is Fed day, which in the past would have wild swings up and down right before the 2:30 pm EST meeting. Yesterday did...

ES Morning Update August 13th 2018

The futures are down a little this morning but getting oversold on the 2 hour chart suggesting a bounce today of some degree. Looking...

ES Morning Update January 25th, 2017

Well gang, we finally got our breakout yesterday it seems.  Today we see a continuation of that move up and an old rising trendline...

ES Morning Update October 10th 2017

Futures this morning are up slightly but still act like they are waiting on the FOMC minutes tomorrow.  We might see another squeeze higher...

ES Morning Update January 2nd 2019

This coming Wednesday to Friday I expect another pullback to happen (so far, so good as the futures are down nicely this morning) but...

ES Morning Update July 26th 2019

It's Friday... Yippee! The weekend is almost here. I loved the weekend as a young man in my early 20's but now in my...

ES Morning Update June 30th 2016

Futures finally ran into some resistance and seem too be taking a pause for now. MACD's are pointing down finally from getting very overbought yesterday. Today...

ES Morning Update November 29th 2019

I hope everyone had a great Thanksgiving and your belly didn't explode from overeating yesterday. I know I gained 2-3 pound but the food...

ES Morning Update March 6th 2019

So far, so good. The market is just chopping sideways for the most part as expected. How long will this last is the question...

ES Morning Update May 28th 2021

The market continues to grind higher, just like it did in the days prior to the final top in February of last year. As...

ES Morning Update January 8th 2021 TOP Looks IN To Me

Everything played out perfectly yesterday. It was a very major turn date, that required new highs to be hit. The DOW hit one, the...

ES Morning Update January 20th, 2016

The Futures did a flip this time around and sold off afterhours instead of rallying up and becoming overbought like they have done the...

ES Morning Update November 8th 2018

Well, the bulls put on a stellar rally yesterday in relief that the midterms are over with. It's back to original target zone of...

ES Morning Update June 25th 2019

While the SPX and DOW went mostly sideways all day yesterday the Russell was quite weak and dropped nicely. Is it foretelling us what's...

ES Morning Update January 26th 2021

Yesterday's surprise drop got quickly bought up and this morning it's completely erased. There's signs of weakness up here for sure. I really was...

ES Morning Update October 12th 2020

Well the futures continue to grind higher and higher each day. I wasn't expecting this much on the upside but I wasn't crazy enough...

ES Morning Update March 24th 2021

Mostly chop yesterday and then a flush into the close. Arthur Knopf seems to think the market is going to stay rangebound between 3850...

ES Morning Update December 8th 2020

Well, we have a little bit of a pullback this morning but again, there's really not going to be much action until next week...

ES Morning Update June 22nd 2020

Last Friday they put out a new upside FP on the ES Futures pointing to 3196 and one of our members caught it. Thanks...
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