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ES Morning Update May 8th 2024

A pause day yesterday that closed a little positive but not much. Overall it just held the 5200 level as every attempt to breakout over...

ES Morning Update May 7th 2024

Another nice up day yesterday. It's truly amazing to see it reach my 5192 target, and pierce through it. From everything I see there's really...

ES Morning Update May 6th 2024

We got the rally I was expecting on Friday, and it stopped right at the falling white trendline of resistance, which is shy a little...

ES Morning Update May 3rd 2024

So far so good for my thoughts as discussed in yesterdays post. The market held support yesterday and went up nicely afterhours from the Apple...

ES Morning Update May 2nd 2024

Sheesh... what a curve ball yesterday with that fast squeeze up after the FOMC that got fully reversed by the close. Insane move, and one...

ES Morning Update May 1st 2024

WOW! What a nice drop yesterday. As of the close we are only about 150 points away from the FP on the SPY now, so...

ES Morning Update April 30th 2024

A nothing day yesterday as the market is in a "wait and see" mode it seems. Really not much to add here as the 50%...

ES Morning Update April 29th 2024

We got the rally to the 50% retracement that I was looking for on Friday by coming just 2 points shy of 5148, so that's...

ES Morning Update April 26th 2024

The Typical Scenario... No time was wasted yesterday as it put in the bottom for my smaller B wave, which I thought might carry into...

ES Morning Update April 25th 2024

As expected we had a pause day yesterday being up part of the day and down part of the day, but closing about flat. Then...