Daily Market Analysis
2023-02-15
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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| 13:00:49 Pete |
Then you wait to see if it sets up. If not, you wait. |
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| 13:31:20 Pete |
For that set up I referenced, I want to see a nice long green candle to turn into a bearish hammer or a nice red engulfing candle. Both well below the hod. This is not a fantastic trade, there is... |
| 13:31:57 Pete |
I don't know that this is a bull trap, we could blow right thru. I just see this as a good little set-up |
| 13:44:57 Pete |
This candle needs to have a long wick. If it does, game on. If it does not, we might not get the set-up |
| 13:47:27 Pete |
I would short at $412.40 if it happens quickly in the next 2-3 bars. |
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