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ES Morning Update September 12th 2024

We got the pullback I was looking for yesterday, which turned out to be a higher low, which is fine for a truncated 5th wave...

ES Morning Update September 11th 2024

We could see some movement today as the CPI is out, so that could move it up or down. Then tomorrow we have the jobs...

ES Morning Update September 10th 2024

A lot of nothing yesterday, which is to be expected. There's not much to add here as we could retest the low again, meaning last...

The Hidden 666 Says The Top Is In…

The SPX cash index hit a low of 666.79 on March 6th, 2009 and put in a recent high of 5669.67 on July 16th, 2024....

ES Morning Update September 6th 2024

Today I'm going to go over the possibility that the market could have already topped. I do not lean this way though as the prior...

ES Morning Update September 5th 2024

We got pretty much what I expected yesterday... chop. I still don't see anything bullish on the short term as the weekly chart is certainly...

ES Morning Update September 4th 2024

Boy, when the market decides it's ready for a pullback it really delivers. I was looking for yesterdays move to be drawn out over 3-5...

ES Morning Update September 3rd 2024

I hope everyone had a good holiday weekend... I know I did. I enjoyed just taking a nap on my swing on the porch was...

ES Morning Update August 30th 2024

Yesterday almost broke though the falling white trendline but it held again, so change in the forecast. However, I do want to point out that...

ES Morning Update August 29th 2024

No breakout from NVDA yesterday so it's looking like the market is going to put in a low into this coming 3 day holiday weekend....