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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....

ES Morning Update August 28th 2024

Since there's nothing going on but chop I want to cover something else this morning, that I just find interesting. It's on the SPX chart...

ES Morning Update August 27th 2024

Not much to add as the market continues to build a sideways base under the falling white trendline. It could breakout as it's technically forming...

ES Morning Update August 26th 2024

Last week I covered the wave count that we should be in "if" we don't make another higher high, but today I'm going to cover...

ES Morning Update August 23rd 2024

I didn't do a post yesterday as there wasn't anything to add, but we did finally get a pullback started, so assuming the current high...

ES Morning Update August 21st 2024

A whole lot of nothing yesterday as bulls take a breather. A pullback of some degree is near and could start anytime now. But the...

ES Morning Update August 20th 2024

The market continued higher again yesterday so I have to think the odds of any decent pullback are getting slimmer by the day and the...

ES Morning Update August 19th 2024

Friday went a little high but not much overall. I posted an updated wave count on Friday and so far it's still looking accurate. This...

ES Morning Update August 16th 2024

Yesterday surprised with another big squeeze. I was really thinking that it wouldn't go very much into the low 5500's but it just kept going....