Strong Like Bull

The bulls showed up yesterday in the /ES in a strong way.  We are not out of the danger area, though.  We shall see if the bulls continue to buy and press the market upward, or if the bears come out of hibernation early.

Oh Yikes!

We might have gotten a green candle in the /ES yesterday.  We are still in a very dangerous area.  The bears could totally take over.  The bulls could hold on or push upward.  The pre-market action makes me nervous, but I don't know what will happen.  There you have it, usual post from me!

Danger Zone

The bears got a red candle in the /ES yesterday.  We are very much in a dangerous area.  We could fall, we could stay in this area, who knows.

Building that Base

The /ES at 2650 is building a base.  The bears could take totally take over, but they may not.

Did Venezuela Wake the Bears?

I barely got the green candle I was hoping for in the /ES yesterday.  The price of oil may be affected by the unrest in Venezuela and cause the markets to trip today, or maybe not.

Basing Action

Is that basing action in the /ES pre-market?  Could we get a green candle today?

Oh My.

Ahh!  Maybe my blood pressure will improve if I don't watch the market today.

More of the Same?

I know, I know.  /ES 2700 is still above.  Still don't look, don't acknowledge that it is a possibility this week, don't jinx it.  I don't know why the bulls have taken over; the bears could still show up any minute.  Careful out there traders.

Don't Look Yet

I know, I know.  It is looming above.  I am ignoring it.  This will be a three day weekend for traders.  It is Friday.  We gotta concentrate on holding 2600 in the /ES, but some market makers may take advantage of light trading today and push the market somewhere.  Where?  I don't know.

Teeter

Here we are trying to hold /ES 2600.  Nobody wake those bears.

Shhhhhh!

Failed Brexit, record US Government shut down, and the /ES is still crawling upward. I don't know why the bears are sleeping, just nobody wake them.  

Turn Aroundish?

I see pre-market that the/ES has a candle that went up and touched 2600.25 and went down to 2580.  I was expecting a "turn around Tuesday" red candle today, but now I am not so sure.  Hmm. 

Positive

I got the small red candle in the /ES on Friday I was wanting, so here is my goofy grin.  I am liking what I see in the pre-market action for continued crawling upward for now.  Please take responsibility for you own trades, who knows how long this action will last - not me and not you either.

Uh....

After five green candles in a row in the /ES, I would expect a red candle today, especially since it is Friday.  The pre-market action looks like buyers trying to get into the market.  I could be wrong, but if we get a red candle today, it may not be a big ol' red candle.

Pre-market Action

I was surprised the /ES finished in the green yesterday.  I am still super cautious about what is happening in the markets with the US Government shut-down not ending.  The lower prices in the /ES pre-market could be because of stalled talks, but it looks more like buyers looking for good prices to get into the market, not out.  We shall see what happens.  Take responsibility for your own trades.  This is not advice on any trades.

Stopping

Ooo, that skinny candle at that position makes me nervous.  The bears may take over today.  That is not to say the bulls won't show up once the US Government re-opens, but the market does not like uncertainty.

Feeling It

Are you feeling the Turn around Tuesday?  I am.

Starting Off 2019 with a ....?

Hey friends!  I'm back!  Happy New Year!  What's been happening in the Markets?  Oh my ...