Daily Market Analysis
2022-10-05
Review our intraday commentary to learn how we interpret price action and build a market narrative.
Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Abbreviated Comments View all
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| 09:34:37 Pete |
ADP was in line and ISM services in 25 min. That could be an important release especially with ISM man on the soft side Mon. |
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| 10:00:19 Pete |
ISM serv due out |
| 10:02:59 Pete |
56.7 for ISM serv which is a good number. 55.5 expected |
| 10:06:26 Pete |
testing lod from Tues. If we take this support out we will start to fill in some of the gap |
| 10:07:21 Pete |
bearish 1OP cross after a nice spike so that sets up well for a short here if Tues lod fails. |
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