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ES Morning Update August 2nd 2024

Looks like the market decided it did want a triple bottom after all. I guess the overall bearish pressure from the weekly chart is keeping...

ES Morning Update August 1st 2024

We got the rally I was looking for yesterday. Today is more of a grind higher as the market is clearly in a breakout mode....

ES Morning Update July 31st 2024

Yesterday the bulls failed to breakdown from the "cup and handle" pattern. The drop changed the wave count. In the chatroom yesterday I posted the...

ES Morning Update July 30th 2024

Well... up in the morning and down in the afternoon. We will probably see more of this in the coming days as B wave are...

ES Morning Update July 29th 2024

It appears that we bottomed last Thursday so this coming end of the month or first of the next period, where "turns" commonly happen, should...

ES Morning Update July 26th 2024

Getting close now to the low. Charts everywhere are oversold or very near it. My big question is... "Will this low finish the correction?". That's...

ES Morning Update July 25th 2024

The prior low for my bigger A wave down was taken out yesterday, so that means the bigger B wave up finished at Tuesdays high....

ES Morning Update July 24th 2024

Ok, the plan is playing out as expected as we should be in a B wave down inside a bigger B wave up, which should...

ES Morning Update July 23rd 2024

Ok, we got the bounce as expected, which could go higher still as the RSI and MACD's on the 6 hour chart have plenty of...

ES Morning Update July 22nd 2024

So far so good. Last Friday failed to hold any early rally and went lower intot the close as I expected. I think we are...