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ES Morning Update May 30th 2024

The bears continues to put downward pressure on the market, but nothing too big yet. I get the feeling the market is waiting on the...

ES Morning Update May 29th 2024

Pretty much as expected yesterday... choppy. We went up, then down and by the end of the day it's a nothing day. I really don't...

ES Morning Update May 28th 2024

Nice pullback on Thursday but it was erased on Friday, so bears blew it again it seems. I don't see anything really bearish in the...

ES Morning Update May 24TH 2024

The bears held the line yesterday and stopped the bulls from breaking through. The bulls tried really hard but got exhausted and the bears pounced...

ES Morning Update May 23rd 2024

Well, the pullback came before Nvida came out and then they used it to erase the pullback completely and rally back up to make another...

ES Morning Update May 22nd 2024

More "basing" yesterday, which again is bullish 70-80% of the time. We have Nvida earnings today, which could cause a breakout or breakdown from this...

ES Morning Update May 21st 2024

Another nothing day on Monday as the market continues to "base" to setup the next big move, which at this point it could be in...

ES Morning Update May 20th 2024

This has been a huge failure for the two FP's on the SPY from the Yahoo site as I'm still scratching my head as to...

ES Morning Update May 17th 2024

A "pause" day yesterday as the bulls finally took a breather.  Still no damage to the bull case.  Bears MUST have a large down day...

ES Morning Update May 16th 2024

Blow off top? We got the rip after the CPI that I was looking for, but they skipped the dip. They just gaped up and...