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3x ETF A.M. Report 3.14 Friday

Morning Reports
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5512 the new low from 6160 highs overnight, now 5580 up on a bounce this morning

5560 is now key support and 5760 is upper end resistance, see my chart.

At this point the wave C or 3 from the December/Feb highs is extended at 185% of the length…

ES Morning Report 3.14 Friday

ES Alerts and Reports
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Trading:  March Contract ESH5

5580's, low 5512 overnight

We are bouncing in early trade ahead of market open

5760 area on a bounce still a target zone here

The 3rd wave or Wave 3 has now extended to 185% of Wave 1 or A (See…

ES Morning Report and Trade Update

ES Alerts and Reports
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Trading:  March Contract ESH5

Trade Alert from 3/12:

Long ES at market, add at 5620, Target 5770 to sell
Stop 5560 will adjust   

5600 range this morning, 5560 is the stop on our open trade



 




 

 




 

 


 

 

 
 

3x ETF A.M. Report 3.13

Morning Reports
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Market Notes:   5600 area for ES on Thursday 915 am EST

In a small flat base pattern here for SP 500, has not really got up and ran yet so key to watch is 5560 area to hold in my opinion

ES 4 hour chart

Notes for reference repeated…

3x ETF Alert 3.12 SOXL

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SOXL-

SOX has possible triple bottomed or close with yesterdays lows

SOXL if you took it stopped out fast yesterday, we will re-enter today

SOXL Alert- $18.55

Max entry 18.75 add to 17.90 on Dips
Stop 16.90 Near Close
Target 22.80 plus
 

 

Max entry…

3x ETF A.M. Report 3.12

Morning Reports
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Market Notes:   

Slightly lower move yesterday to 5535 from 5560's overnight lows the night before.  Now at 5640's... so again the 5560 zone is normally where we a get a retracement upwards, and POSSIBLY one more leg down yet after that

I see 5780 from 5535 as a…

ES Morning Report and Trade Alert 3.12

ES Alerts and Reports
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Trading:  March Contract ESH5
   

5535 the low so far, a snap to 5670 on the CPI report this morning, 5640's now.

The rally to 5780 is likely from here

Trade Alert:

Long ES at market, add at 5620, Target 5770 to sell
Stop…

3x ETF Alert 3.11.25 Aggressive

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This is for aggressive traders only, but could work out nicely with a clear downside risk and upside potential equation

SOXL-

SOX has possible triple bottomed or close with yesterdays lows

If so, a normal bounce rally targets 27% upside from $18 area on SOXL ETF

Risk…

3x ETF A.M. Report 3.11

Morning Reports
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Market Notes:   

 "From the ES Alerts service this morning"

Market was completing 5 waves up from 3400's back in December as I had mapped out, we then tumbled hard, bounced back to test the highs... and now we are seeing the wave 3 or wave C (1-2-3, or…

ES Morning Report and Trade Notes 3.11

ES Alerts and Reports
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Trading:  March Contract ESH5

5634 zone, low 5560's overnight. 

The 5560 area turns out to be a LARGER fibonacci wave down than the 5640-5660 zone. This is also within normal movements as it's nearly exactly 161.8% of the First leg down from the December highs…

3x ETF A.M. Report 3.10

Morning Reports
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Market Notes:     New lows of the down cycle at 5675 futures overnight, from 6160 highs a few weeks ago.  I have been telling ES members to watch for 5640-5680 since last Wednesday, we may try a scalp long in this lower zone.

Did not add anything last Friday…

ES Morning Report and Trade Notes 3.10

ES Alerts and Reports
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Trading:  March Contract ESH5

Status: No Position, close to my 5640-5680 zone, hit it already a bit

After the relief rally on Friday, we have tumbled overnight to new lows since the 6160 highs.  5675 area the low, around 5690's now.

My projection was 5640-5680…

ES Morning Report and Trade Notes 3.7

ES Alerts and Reports
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Trading:  March Contract ESH5

Status: No Position

5720 lows overnight, down 440 points from high or about 7% correction

Most dip buying trade ideas of late have stopped out as the downtrend continues. However, multiple interim market bottom signs are forming such as % of…

3x ETF A.M. Report 3.7

Morning Reports
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Market Notes:    5720 the low so far for ES , a 440 point drop from  6160 highs. 7% correction so far. 

We are in a short term bear cycle. This is because 75% of the NASDAQ listed stocks are trading BELOW their 50 day moving average line.  This…

3x ETF A.M. Report 3.6

Morning Reports
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Market Notes:    Likely working a bit lower yet, Futures are down again this morning to 5773, I can make a case for 5650-5680 zone for a pivot bottom... one day at a time

Updated ES:

Repeated map from Wednesday morning

 Strategy:  TQQQ  now up to 20% and BITX…

ES Morning Report and Trade Notes 3.6

ES Alerts and Reports
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Trading:  March Contract ESH5 

Status: No Position;  5778 down 73 from highs over 24 hours, market pulling back again 

No position, staying flat for a bit longer here on purpose to avoid whipsaw poor decisions.  Would like to take a long position lower. 

Trade Idea…

3x ETF A.M. Report 3.5

Morning Reports
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Market Notes:   C wave goes lower than A wave length and below 5809 prior lows yesterday.

Market tried to rally but sold off some into the close. Lots of soup recipe items I use are lining up for a bottom though here in March if not any day

Some…

ES Morning Report and Trade Notes 3.5

ES Alerts and Reports
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Trading:  March Contract ESH5

Status: 5800 area 925 am EST

5809 support did not hold, 5877 area a low.  This may be a deeper C wave, meaning this leg down for "C" is longer than the "A" length.  5660's come into view if we do…

3x ETF Alert 3.4.25

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QQQ

First time QQQ has hit the 200 day EMA Line since August 2024 market lows.

Should be good time to put on risk and double up on TQQQ for a swing.

Trade Parameters: TQQQ 69.72 at time of alert

Possible 5% dip from current prices if we re-test…

3x ETF A.M. Report 3.4

Morning Reports
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Market Notes:   3/4: C wave tested in Futures, needs to hold 5800-5820 area 

Here is the C wave test I noted last Friday, testing the A wave bottom in January.

This double bottom often reverses course, but with all of the uncertainty nearly daily the market is selling first…