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ES Morning Update May 22nd 2017

Well, I'd love to tell all the bears out there that we are going to top out Monday or Tuesday and tank into a nasty...

ES Morning Update May 19th 2017

The picture is getting a little clearer now on what "I think" SkyNet is going to do.  In the past when we saw a big...

ES Morning Update May 18th 2017

WOW! They bears certainly kicked some butt yesterday!  It was unclear at the open yesterday whether or not the 2380 horizontal support area would hold...

ES Morning Update May 17th 2017

Looks like the rising wedge finally gave way last night as the futures fall back down to horizontal support around the 2380 area, which is...

ES Morning Update May 16th 2017

Yippee, the bulls finally hit 2400 and scored a touchdown... it's about time!  So were are we at now?  Yesterday's strong rally, with the small...

ES Morning Update May 15th 2017

I hope everyone had a great mother's day weekend and spent quality time with your mother as I got the chance to do over the...

ES Morning Update May 12th 2017

Yesterday we did finally drop to the 2380 area of support to fulfill that "MA" pattern and then quickly recovered back up to the red...

ES Morning Update May 11th 2017

Still chopping up and down with no clear direction.  I exited my short yesterday at a breakeven on the rally back up the second half...

ES Morning Update May 10th 2017

Well, yesterday was a nail biter as the futures made a new higher high of 2400.00 versus the May 5th high of 2399.25, and the...

ES Morning Update May 9th 2017

Yesterday we discussed the late move up on Friday as likely being a 5th wave inside a larger C wave up, that should finish the...