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ES Morning Update February 8th 2019

Yesterday was a nice start for the coming down turn in the market but I don't think the bulls are done just yet. I suspect...

ES Morning Update February 7th 2019

Yesterday we saw a lot of ups and downs several times through out the day, which tricked me out of my tiny short position unfortunately....

ES Morning Update February 6th 2019

Looking at the SPY daily chart we can clearly see that we've now went up to the 200 day moving average. We're not quite there...

ES Morning Update February 5th 2019

The bulls continue to grind higher inch by inch as the bears wait patiently for them to tire out. I myself am not doing anything...

ES Morning Update February 2nd 2019

Futures are as flat as a pancake this morning with little clues as to the direction today. So I'll have to just remain without an...

ES Morning Update February 1st 2019

Nothing new to add today that hasn't already been covered. We are waiting on this bull to tire out and stop. The grind looks to...

ES Morning Update January 31st 2019

Looks like the bulls finally decided to breakout. The FOMC meeting was just the excuse they needed it appears. There's still some very tough overhead...

ES Morning Update January 30th 2019

Yesterday's move up screwed that nice setup where we'd rally today decently to strongly for another wave 2 up or 5th wave up. Now it's...

ES Morning Update January 29th 2019

So far it's looking like Scenario number 3 is playing out (referring yesterdays post)... aka, "The Meat Grinder". However, there's one very important part of...

ES Morning Update January 28th 2019

I hope everyone had a great weekend. For me it was a little boring as it's still cold outside and there wasn't much to do...