Red

User banner image
User avatar
  • Red

Posts

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 from. ...

ES Morning Update November 22nd 2017

Nothing much to say today gang.  Futures got very overbought yesterday and today they will likely trade sideways to work it off.  It's the day...

ES Morning Update November 21st 2017

Looks like the inverted head and shoulders is playing out this morning in the futures as the ES has pushed through the falling red trendline...

ES Morning Update November 20th 2017

Another week is upon us and it's also Thanksgiving week.  It should be a light volume week due to the holiday and of course that...

ES Morning Update November 17th 2017

We came within 7 cents of hitting the 259.11 FP yesterday on the SPY... pretty impressive.  Today we have the 60 minute futures chart getting...

ES Morning Update November 16th 2017

Yesterdays bearishness took the market down below the two prior lows in the 2560 area but wasn't enough to reach the next set of prior...

ES Morning Update November 15th 2017

The bears did indeed turn that MACD and Histogram bars back down yesterday and are continuing today.  On the 6 hour chart you'll see how...

ES Morning Update November 14th 2017

This morning we are looking at the 6 hour chart of the ES Futures for clues.  As you can see its' MACD's are now below...

ES Morning Update November 13th 2017

Looks like the bears are still in control this Monday morning.  The MACD's on the 60 minute chart hit the falling trendline and rolled over...

ES Morning Update November 10th 2017

Quite a big move down we saw yesterday and I don't think it's finished.  I think this is the start of a serious correction.  For...