ES Morning Update July 26th 2017
Still grinding higher a little each day it seems. Today is the FOMC day so we might see some action after the minutes but...
ES Morning Update May 5th 2017
The futures are up this morning hitting some horizontal resistance and an old rising trendline of resistance. Not much more to add here as...
ES Morning Update September 21st 2017
Yesterday the FOMC meeting produced a small pullback but it basically just tagged the lower rising trendline of the rising wedge the futures are...
ES Morning Update February 9th 2016
Falling trendline is strong resistance should the market turn back up today.
The line in the sand for the bulls to hold is this rising...
ES Morning Update November 16th 2016
Yesterday I suggested we would stay in the triangle and then most likely breakdown today or Thursday. It looked good most of the day...
ES Morning Update December 5th 2016
The last few weeks have been difficult for sure, but with enough time all things get better. Now it's time to get back into...
ES Morning Update November 24th 2017
I hope everyone had a great Thanksgiving and didn't overeat like I did yesterday because there was too much good tasting food to choose...
ES Morning Update June 14th 2017
It's still looking bullish on the 6 hour MACD's and this 60 minute MACD has hit +2.5, turned down and now pointing back up...
Morning Update November 23rd 2016
Last Wednesday the 16th of November 2016 around noon my mother had a Pontine Hemorrhagic Brain Stroke. She died on Friday night around 10...
ES Morning Update December 1st 2017
Man... this market is crazy! I'd love to have been long the last few days but I wasn't unfortunately. But who knew it was...
ES Morning Update January 11th 2021
As all of you regular readers know I rarely post over the weekend as this blog is primarily about the stock market. But I...
ES Morning Update August 22nd 2017
Yesterdays' dip down to make another lower low now appears to me like it completed the tiny 5th wave, meaning todays' move up is...
ES Morning Update December 21st 2016
More of the same is expected today guys... a slow grind up riding the black rising trendline it looks like. Not quite a "Ground...
ES Morning Update March 9th 2016
Downward falling trendline still holding and keeping the market from making a higher high.
This lower falling trendline should offer some support on the downside.
The...
ES Morning Update November 6th 2017
Amazingly the futures are still riding that blue rising trendline this Monday morning after some brief dips below it over the last few days. ...
ES Morning Update April 19th 2016
Target area finally hit as futures run into resistance.
MACD's overbought again on this 2 hour chart suggesting we rollover near the open.
After over a...
ES Morning Update April 29th 2016
Market hit falling trendline yesterday and rolled over into what appears to be a wave C down.
MACD's are oversold here but have plenty of...
ES Morning Update April 8th 2016
Futures looking good for a hit of the newer falling trendline.
MACD's on this 2 hour chart pointing up and are near zero now. But...
ES Morning Update April 27th 2016
Same as yesterday... just riding the trendline sideways
No clue here in the MACD's as they are flatlined on most all time frames
Not much to...
ES Morning Update April 21st 2016
Not much changed since yesterday. No clues here.
MACD's are flat-lined on many time frames. Again, no clues to the next direction.
At this point gang...
