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3x ETF A.M. Report 3.28

Morning Reports
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Possible cycle lows forming in the March-April window, April 17th is a key date I'm watching to see if the character of the market brightens up... 

End of quarter window dressing possible excuse for the last 1-2 days of pullback after a nice surge for the markets in latter…

ES Morning Report and Trade Update 3.28

ES Alerts and Reports
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Trading:  June Contract ESM5

5720s area with 5711 24 hour lows

This pierced the 5720 gap fill but hanging around that area now. I suspect we are seeing some selling into end of quarter window dressing period from portfolio managers who got a bounce in March…

3x ETF A.M. Report 3.27

Morning Reports
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5720 gap fill on ES this morning as we topped out around 5835 from 5560 lows this week... the pullback to 5730/5720 is normal but in my opinion now requires another strong advance upwards to 5840 again or now we have risk of a 5th wave starting at this…

ES Morning Report and Trade Update 3.28

ES Alerts and Reports
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Trading:  June Contract ESM5

5720s area with 5711 24 hour lows

This pierced the 5720 gap fill but hanging around that area now. I suspect we are seeing some selling into end of quarter window dressing period from portfolio managers who got a bounce in March…

3x ETF Alert 3/26

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IMW Small Caps


As noted this morning, we can take another position here with an intra-day stop. The issue with intra-day stops is you can get stopped out and then see a reversal right after, so I prefer not to use them.  However, with the market at a crossroads…

3x ETF A.M. Report 3.26 Wednesday

Morning Reports
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Not much change since yesterday.  ES at 5830 still, can still work higher with QQQ etc. 

TQQQ hit my 67 mark from 60 area projection, but we are still underwater there

Bitcoin looks very bullish to me on monthly charts, so lets be patient on BITX

May add TNA…

ES Morning Report and Trade Update 3.26

ES Alerts and Reports
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Trading:  June Contract ESM5

5830 area on ES at 915 am EST Wednesday

Continuation still possible to 5950 plus

We hit 5802 lows yesterday, not quite enough to double up per trade parameters (5795 area to add from 5830 market buy)... stay long, keep stop at…

3x ETF A.M. Report 3.25 Tuesday

Morning Reports
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From very oversold sentiment and chart extremes , as well as cash on sidelines we are seeing a normal corrective rally to the upside.  With that said, for now clearing that 5815 zone on ES Futures now at 5830 looks more bullish for a continuation higher.   

This could…

ES Morning Report and Trade Update 3.25

ES Alerts and Reports
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Trading:  June Contract ESM5

5830 area on ES at 915 am EST

Bulls took out 5815 cleanly for now.  I can make a bullish case to 5950 plus here from 5830. This is a possible wave 3 up from 5650 zone. Clearing 5815 pushes odds a…

3x ETF A.M. Report 3.24 Monday

Morning Reports
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Nice bounce up in futures 1.20% to start the week.  Could just be 4th wave rally final stage with more more leg down, but over certain levels *(5815 ES June Contract) I get more bullish...  watching closely for clues.

Bullish 4th wave movement for now in the indexes as…

ES Morning Report and Trade Update 3.24

ES Alerts and Reports
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Trading:  June Contract ESM5

ES June near top of projected range.  If your short entry hit overnight (If you kept it open into weekend) you got stopped out quickly.

Surge supposedly is based on potential changes in Tariff reciprocations for April. But what it really is…

3x ETF A.M. Report 3.21 Friday

Morning Reports
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ES futures may have hit a short term double top over last 24 hours after roughly a 200 point rally off last weeks lows.  Bitcoin also pulling back some, and futures are off this morning to the downside on Triple Witching Friday.

Again, a second push yesterday was…

ES Morning Report and Trade Update 3.21

ES Alerts and Reports
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Trading:  June Contract ESM5

ES June at 5690's area. Got close to my short entry alert of 5790 with a high over last 24 hours of 5765, a possible double top zone.  We then dropped into the 5680's, so I was right on a pop and…

3x ETF A.M. Report 3.20 Thursday

Morning Reports
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Not much to add to yesterday's commentary. We did make a moderate new uptrend high from last weeks lows yesterday, but pulling back some overnight/pre market Thursday

Bitcoin rallied nicely high of 87,800 now around 85,200 pulling back some. BITX recovering and I'm pretty bullish intermediately here on…

ES Morning Report and Trade Update 3.20

ES Alerts and Reports
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Trading:  June Contract ESM5

Notes today are based on March contract pricing but we will switch to June contract trading as of today

 ES Hit 5720 upside highs , about 200 points rally so far off the 5520 lows. Roughly a 31% fib related retracement (In…

3x ETF A.M. Report 3.19 Wednesday

Morning Reports
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Light rally so far off the smash down C or 3rd wave lows last week.  ES (SP 500 Futures) 5520 lows to 5707 rally highs is not bad, can still stretch a bit higher yet but needs to push here soon. Yesterday we hit 5707 overnight and then…

ES Morning Report 2- Errors fixed

ES Alerts and Reports
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Trading:  March Contract ESH5


ERROR UPDATE:  5630 area for March contract, sorry I had quoted the June contract in the first report

Still a light bounce rally after a dramatic C or 3 wave down.  Still potential for more downside in the interim period ahead as…

ES Morning Report and Trade Update 3.19

ES Alerts and Reports
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Trading:  March Contract ESH5

5630 protective stop hits, 5606 low after that.  50 point win or 80 points if you took the profits as mentioned early yesterday morning as another option

5680's as of 830am EST Wednesday

Still a light bounce rally after a dramatic C…

3x ETF A.M. Report 3.18 Tuesday

Morning Reports
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Markets hit a high of 5707 on ES From 5520 lows last week. Our ES service went long at 5580 late last week, still holding with stops moving higher.

SOXL rallied as projected yesterday past my SELL 20.75 Target.  From $18.30 average (Some of you lower) we profited…

ES Morning Report and Trade Update 3.18

ES Alerts and Reports
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Trading:  March Contract ESH5

Action: Move Stop to 5630 from 5580 break even (3/18)

We hit 5707 highs from 5580 entry over last 24 hours, now settling a bit at 5662. Some pullback here which is a little steep.

Move stop to 5630 and or take…