Home Red's Posts Reds Daily Updates

Reds Daily Updates

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

ES Morning Update May 21st 2021

Ok, looks like the markets held there ground last night and are trying to push up more this morning. We a still in a...

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 October 11th 2021

Last Friday I we completed the Tiny 5th wave up to complete Small C inside Medium Wave 2 up. This morning we appear to...

ES Morning Update June 22nd 2021

Strong rally yesterday, and it went right into the 4200-4225 resistance zone before it stopped. Today we see the 2hr, 1hr and below charts...

ES Morning Update July 30th 2021

We got the breakout from the bull flag yesterday and a new all time high. But then they did a surprise drop afterhours, and...

ES Morning Update July 21st 2021

We got the rally I was looking for yesterday and I exited all my longs on that last push up, which looked like a...

ES Morning Update July 1st 2021

Time sure does go by fast. We just finished the first half of 2021 and start the second half today. It will be Christmas...

ES Morning Update December 7th 2021

Finally! The B wave bounce is now in play and should top out and end today, but whether or not is gets through that...

ES Morning Update October 13th 2021

Yesterday we did not see the flush out drop I've been looking for, but it's still possible for today or even tomorrow. However, if...

ES Morning Update August 5th 2021

Looks like a whole lot of nothing is continuing to go on in the market this morning. But it still looks more bullish then...

ES Morning Update October 19th 2021

So far so good. The small move down yesterday that started in the futures and ended shortly after the open does look like a...

ES Morning Update October 27th 2021

Higher we go it seems. Whenever the market gets close to some big even number level, that's never yet been hit, it tends to...

ES Morning Update July 7th 2021

Well, yesterday gave us a decent little pullback. I had been previously talking about a wave 4 down of some degree but I gave...

ES Morning Update May 24th 2021

The market continues to rally but I'd be a little cautious here. Why you ask? Because the 1hr, 2hr, 4hr, and 6hr charts are...

ES Morning Update October 5th 2021

Yesterday failed to hold the rally up that started Sunday night and dropped early in the day to find support around the low last...

ES Morning Update June 23rd 2021

So much for that pause day I thought we might have yesterday. The bulls just keep on charging higher after some early morning weakness...

ES Morning Update July 16th 2021

Yesterday the market did stair-step down but when it found support at the lows and the short term charts were getting oversold. So I...

ES Morning Update November 26th 2021

I hope everyone had a great holiday and didn't over eat like I did... LOL. I did a chart update on the wave count...

ES Morning Update July 6th 2021

I hope had a good holiday weekend. I didn't even need to buy fireworks as my neighbors put on a show for me to...

ES Morning Update November 24th 2021

Big drop in December likely pushed out into early next year I've labeled the Fibonacci Levels for the coming pullback, and this is all based...
s2Member®
// Below tags are to be included in the respective DIVs