Morning Notes 07/12/22-Gary Dean GM Everyone, Futures are adding to yesterday’s losses and are -16 as I type. I am seeing the rate of change on the downside starting to slow down, so maybe we … Read more
I am traveling today, so very limited version of the morning notes. The bulls are pouncing on the bears who have been shorting this entire leg up. This morning’s open looks to be flat and … Read more
GM Everyone, Futures are +13 as I type and extending to the bull’s gains since the June lows. I have been saying that the bulls still had some time and the fact that the bulls are … Read more
Futures are down 13 this morning after yesterday’s massive reversal. We are still stuck in the range 3838 top 3735 bottom. There were some buy signals at yesterday’s lows, so the reversal made sense. There … Read more
GM Everyone, Futures are getting smoked and at an important pivot right here. There is a bear flag pattern forming on the /es. If the bulls fail to defend and this bear flag breaks to the … Read more
Futures are -16 but off the overnight lows. So far, the range I pointed out last night is still intact. Until we break out of this range, everything else is just noise. Watch 3821 on … Read more
As we head into the last day of the first half of the year, the /es is adding to the recent sell-off, -52 as I type. Investors haven’t seen a market this bad in the … Read more
The/ES has been all over the place in overnight trading. Just about 30 minutes ago, it was trading at the overnight lows and then a buy program hit to have it ticking some +14 as … Read more
The bulls continue to press the bears and the tape higher, as expected. I am still believing we will see 4000/4100 come into play before all is said and done. We have some turn dates … Read more
So far so good with the long-side trade we are in. I have put down some upside targets to layer out of the position, of which 2 of our 3 targets have been reached. From … Read more