For educational purposes only. No information on this page constitutes investment advice. By accessing this page you agree to the Terms and conditions.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital s hould be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Remek! Premium
Actionable market insight for technically motivated directional traders
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I'm new to this. Where do I start?
Start with the Documentation. See link above. Then you may want to read through the documentation of our software products to see how we go about interacting with the markets.
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When is this page updated?
We update this page, with our plan and outlook for the next trading day, by midnight Eastern Time prior to every trading session on the US futures markets. We provide a morning brief for the day's trading session around 8am Eastern Time. We also post updates as necessary during the day, starting with a "Morning brief" pre-session, Eastern Time.
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Your charts are too big for me
This is the most frequent comment we receive. Consider the following:
a) It's important to ask the question: why do we want to trade a given timeframe. If because that's where our edge is, fine. But if we want to trade a timeframe because that's what we think is the only thing we have money for, we're in trouble. We have to pick timeframe not based on our wishes, but on where our verified edge is.
b) Ok, is there some good news?
Yes, lots:
- With us, you'll be trading with an edge. (Without an edge, there is no point in risking a single dollar on the markets.)
- Now, most of our trades are intraday trades, the 240min timeframe still being six times less than a day.
- Also, many of our 240min trade ideas can be adapted to even smaller timeframes by simply waiting for the next pullback on the lower timeframe (LTF) after the 240min trigger.
- Also, many of our trade ideas are on currency futures. On relatively small accounts, they can be executed on forex, which allows more granular risk management.
- Many of our trade ideas can also be executed on ETFs: say, GLD for a GC trade or TLT for bond futures.
- Finally, on smaller accounts trades can be executed with micro contracts (MES, MGC etc.). While some will say "that way you can't make money", our answer is: but one will learn to fish, and that's worth all the money!
It is clear our service allows the capital accumulation process to be implemented on any reasonably-sized account. -
Miscellaneous notes
- Make sure you read the Documentation, become familiar with our Market Scanner, and follow the markets every day to build intuition to make best use of this service.
- We tend to scale back activities on the indexes leading up to FOMC releases, while being aware that the FOMC news release can often serve as a catalyst. We also stay out of intraday trades 10 minutes before and after of major news releases.
- We're often wrong. After all, we work with probabilities, and this work is all about the future. The unknown. We judge our work not by how many times we're right or wrong, but - to paraphrase one of the best traders of all time - by 'how much we make when we're right and how much we lose when we're wrong'.
major futures markets at a glance
FOR THE TRADING DAY OF Friday, 2021 12 31
News at 8.30am
Note: no trades planned for the last trading day (and a Friday) of the year
Indexes: profit-taking, consolidation, and a bullflag on NQ
Currencies: no trades planned. See 6N for why 1R makes sense
Commodities: GC/SI advance
8.30am ET update: market stucture on the indexes points to further upside. GC, 6C moving. Upside expected on 6E. ZN bearflag. Be aware of low volume environment if you choose to trade today. Happy New Year! We’ll be back Sunday night.
FOR THE TRADING DAY OF thursday, 2021 12 30
News at 8.30am
Indexes: bullflag on NQ
Currencies: 6A, 6N longs in progress
Commodities: CL completed measured move
8am ET update: bullish structures on the indexes. Currencies: several major pairs advance. Bearflag on ZB/ZN
FOR THE TRADING DAY OF wednesday, 2021 12 29
News at 8.30am, 10.30am ET
Indexes: ES at new highs, YM has tested previous high, NQ retest still in progress. Expect a little consolidation and potentially a few slow days here. No rush to put on new trades. We continue to monitor the markets for the rest of this week as we wrap up this trading year.
8am ET update: a few good setups on currencies
FOR THE TRADING DAY OF tuesday, 2021 12 28
No News.
Note: good reads on HO, CL, HG, 6J and the indexes. See yesterday. Only one setup didn’t work, ZW (but as you know I’m not a big fan of breakout trades, exactly because many of them fail, like this one on ZW). But no real trigger, so no harm done. All in all, what we do works overwhelmingly!
Indexes: ES at new highs, YM, NQ testing previous high. RTY back in range.
8am ET update: indexes (YM/NQ) likely to test previous highs. See other opportunities below:
FOR THE TRADING DAY OF Monday, 2021 12 27
No News
Indexes: bullish breakout likely, but ideally we’d like to see a little consolidation before that (see chart below)
Currencies: monitoring for 6J short, ETH/BTC further upside expected
Commodities: CL further upside expected
7am ET update:
FOR THE TRADING DAY OF thursday, 2021 12 23
News at 8.30am, 10am ET
Indexes: as expected. A retest of the highs is likely, but be ready for surprises.
Commodities: GC, CL moving
7am ET update: indexes, CL as expected. Note, today’s the last trading day of the week. Markets will reopen at 6pm ET Sunday. We’ll be back Sunday night. Happy holidays!
FOR THE TRADING DAY OF Wednesday, 2021 12 22
News at 8.30am, 10am ET
Indexes: Tuesday’s price action consistent with our analysis. (Details and action plan in yesterday’s video. No video necessary today.)
6am ET update: strong bullish setups on the indexes
FOR THE TRADING DAY OF Tuesday, 2021 12 21
No News. Holiday week, expect less-than-average volume.
Indexes: long bottom tails deserve attention
8am ET update: some indication that the selling pressure may be waning on the indexes (mark the careful wording, but also read between the lines). Note: treasury bullflags are failing, and CL, GC may be heading higher. Also note the bullflag on NQ weekly. New highs are still in the cards.
FOR THE TRADING DAY OF MONDAY, 2021 12 20
No News. Holiday week, expect less-than-average volume.
Indexes: most likely transitioning to a sideways market (it’s too early to call this a “bear market”). Potential short breakout on RTY
Currencies: DX bullflag in progress, 6E, 6N, 6B shorts setting up. Potential short breakout on BTC
Commodities: NG potential short breakout. Long setup on GC (but no momentum on weekly)
Financials: long setups on ZB/ZN
FOR THE TRADING DAY OF Friday, 2021 12 17
News: quadruple witching. Last trading day before ‘holiday mode’, practice caution, this market is not in a hurry to break new highs.
Indexes: ES reached new high, but lack of momentum (especially on NQ) is a sign of caution. YM looks okay.
Currencies: DX no momentum. 6S long may be setting up
Commodities: GC/SI bearflags have failed, back to neutral
FOR THE TRADING DAY OF thursday, 2021 12 16
News at 8.30am, 9.15am 9.45am
Indexes: bulls in control
Currencies: DX bullflag still valid
Commodities: GC/SI bearflags failing, CL potential measured move
8.30am ET update:
FOR THE TRADING DAY OF Wednesday, 2021 12 15
Note: FOMC on Wednesday 2pm, which could be a catalyst. We usually do not trade intraday on FOMC days.
News at 8.30am, 10.30am (CL), 2pm (FOMC)
Indexes: uncertainty is the markets’ natural state: we are now getting a dose of that. Waiting for clarity.
Currencies: 6N, 6B, 6E shorts setting up
FOR THE TRADING DAY OF TUESDAY, 2021 12 14
Note: FOMC on Wednesday.
News AT 8.30am
Indexes: technical pattern on daily indexes (ES, NQ, YM) still valid. Warning sign: RTY stands apart
Currencies: 6N, 6B short setting up on daily, BTC triggered
11am ET update:
FOR THE TRADING DAY OF monday, 2021 12 13
Note: FOMC on Wednesday.
No News
Indexes: extremely bullish technical patterns on ES/NQ/YM.
Currencies: 6N short setting up on daily
Commodities: CL long setting up on 240min
Agriculturals: ZC, ZS expected to move higher
8.30am ET update:
FOR THE TRADING DAY OF Friday, 2021 12 10
Note: what could become a very important day on the indexes (overnight included)
News at 8.30am ET
Indexes: Bullflags, well set up, retest of highs likely.
Currencies: 6E may finally move, BTC short breakout setting up
Commodities: SI short triggered, GC may be next
Financials: bearflags on 240min ZB/ZN
Agriculturals: ZC, ZS moving higher
9am ET update:
FOR THE TRADING DAY OF thursday, 2021 12 09
Note: several instruments are rolling over today!
News at 8.30am ET
Indexes: Bullflags, retest of highs likely.
Currencies: 6B 1R hit, 6C long setting up
Commodities: CL setting up to move higher
9am ET update:
FOR THE TRADING DAY OF wednesday, 2021 12 08
News at 10.30am ET (CL/HO)
Indexes: retest of highs likely. A potential capital accumulation opportunity.
Commodities: CL setting up to move higher
FOR THE TRADING DAY OF tuesday, 2021 12 07
News at 8.30am ET
Indexes: bearflag on ES, bullflag on NQ. Move on YM may be the hint.
Currencies: no change since yesterday.
Commodities: CL setting up to move higher
Financials: risk-off mode on markets propels ZB/ZN higher.
Agriculturals: ZC, ZS setting up to move higher.
8.30am ET update: we have a plan for these
FOR THE TRADING DAY OF monday, 2021 12 06
No News.
Indexes: bearflag on ES, bullflag on NQ. We are bullish long term (1 month or more out), but will not hesitate to pursue shorts (on a 1-2-3 day timespan) if the bearflag on the ES gets triggered.
Currencies: bullflag on DX, we expect shorts on several major pairs, 6E, 6B, 6C, but keeping an eye an ALL major pairs. Fail tail event on bitcoin on Saturday, monitoring BTC.
Financials: risk-off mode on markets propels ZB/ZN higher.
Agriculturals: ZC, ZS, ZW expected to move higher. Looking for setups to participate.
FOR THE TRADING DAY OF friday, 2021 12 03
News at 8.30am ET.
Indexes: bearflag on ES, bullflag on NQ. Right now, it seems like markets overreacted in the past two days. We continue to be bullish, and expect the ES bearflag to fail. Standing by.
Currencies: no change since yesterday, same setups in order.
9am ET update: no new information since last night.
FOR THE TRADING DAY OF thursday, 2021 12 02
News at 8.30am ET.
Indexes: a new situation, with a few well-defined scenarios for which we’ll be on the lookout.
Currencies: DX bullflag and what follows from it, e.g. looking for shorts on 6E, 6N.
9am ET update:
FOR THE TRADING DAY OF Wednesday, 2021 12 01
News at 10am ET.
Indexes: Bullflag on NQ. Waiting for clues. Weekly structure intact. Focus on price action, not the media.
Currencies: looking for shorts on major pairs, e.g. 6E. Good 1Rs on 6S, 6J
Financials: ZB/ZN 1Rs accomplished, standing by
8.30am ET update: overnight selling, if there was any, has been, so far, easily absorbed.