-
Red
Posts
ES Morning Update October 30th 2017
The futures this morning fell back slightly from being very overbought Friday and now have a bear flag pattern setup. However, there's no negative divergence...
ES Morning Update October 27th 2017
This morning we are going to look at the 2 hour chart and as you can see the bulls did not do the smart thing...
ES Morning Update October 26th 2017
Surprisingly the bear flag played out yesterday and now we have a small bull flag on this 6 hour chart that is trying to play...
ES Morning Update October 25th 2017
Bulls are fighting really hard here to keep this down move limited. All they need is another day probably of sideways action to reset the...
ES Morning Update October 24th 2017
We had a decent little pullback yesterday and along with the one last week we are clearly showing signs now that the bulls are tired....
Is the Fed Getting Cold Feet about the QE Unwind?
Curious things are happening on its balance sheet. The last Fed meeting ended on September 20 with a momentous announcement, confirming what had been telegraphed...
ES Morning Update October 23rd 2017
Another week has gone by and almost another month too. Hard too believe how fast time flies. Anyway, not much to say this Monday morning. ...
ES Morning Update October 20th 2017
Yesterday I thought we would take an ABC move down to the FP on the SPY and then back up for a new all time...
ES Morning Update October 19th 2017
Looks like the bears finally woke up as the blue rising trendline of support brokedown. Now we need another rally into tomorrow or Monday that...
Goldman Sachs’ chief equity strategist says there is an 88% chance we’re heading into a bear market
Goldman Sachs has circulated a fascinating but scary research note to clients suggesting that the probability of stocks entering a bear market in the next...
