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ES Morning Update June 28th 2018

  WOW! What a reversal yesterday... from a strong move up to another flush back down. Crazy markets! I have to say that it caught...

ES Morning Update June 27th 2018

  Yesterday we saw a bounce up from the low that could have be a wave 4 up of a C wave down. But this...

ES Morning Update June 26th 2018

  Surprise, surprise! That nasty drop out of nowhere happened yesterday. And I totally missed it. It now looks to me like it was a...

ES Morning Update June 25th 2018

  Last week the market failed to bounce in the beginning and drop through the upper trendline of the falling channel but later in the...

ES Morning Update June 22nd 2018

  I spoke about a possibly "inverted head and shoulders" pattern setting up yesterday and that the premarket pullback to the upper trendline of the...

ES Morning Update June 21st 2018

  Yesterday (I didn't do a post so don't think you missed it) the market mostly chopped around and held it's small gains until the...

ES Morning Update June 19th 2018

Looks like the futures finally broke down after a series of wave 1's down and wave 2's up. Odds are that the last series of...

ES Morning Update June 18th 2018

  Looks like weeks' series of wave 1's down and wave 2's up is producing a wave 3 down this morning before the open. Generally...

ES Morning Update June 15th 2018

  Looks like the series of wave 1's down and wave 2's up has finally broken-down and produced a drop to the bottom of the...

ES Morning Update June 14th 2018

  The action yesterday after the FOMC meeting was kinda muted if you ask me. But then again we haven't seen any wild swing days...