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Reds Daily Updates Red - March 21, 2025

Choppy light volume day yesterday, and with this week being a Quad Witching OPEX today could be the same. Overall it looks like the...

Reds Daily Updates Red - March 20, 2025

So far, so good. The rally yesterday appears to have put in the top for the bounce of wave 4, and we should be...

Reds Daily Updates Red - March 19, 2025

Today is the big day, and yesterday did "mostly" what I expected. We did get the pullback, which does look like an ABC, and...

Reds Daily Updates Red - March 18, 2025

Well, the ES is rolling now from the March contract to the June one, and on my charts it already happened yesterday, so there's...

Reds Daily Updates Red - March 17, 2025

This week the most important event is the FOMC meeting on Wednesday. There are different paths the market can take but with the new...

Reds Daily Updates Red - March 14, 2025

Nothing has changed since yesterdays post. I'm not expecting another big drop until after we get a one day wonder squeeze, and that should...

Reds Daily Updates Red - March 13, 2025

The market held support yesterday, so we have likely put in a temporary bottom. I think we are entering a period that is similar...

Reds Daily Updates Red - March 12, 2025

We had a "pause day" yesterday as the market held the support line. We have the CPI today, so we could get a bounce...

Reds Daily Updates