Daily Market Analysis
2023-03-13
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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09:31:25 Pete |
MARKET COMMENTS MONDAY – This is going to get ugly. The S&P 500 closed below a major technical support level last Friday and the Silicon Valley Bank failure has ignited fear of a credit crisis. This morning we are learning... |
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09:44:25 Pete |
XLF getting destroyed |
09:47:55 Pete |
Intl banks hit as well. CS has been one of the weaker banks in Europe. |
10:01:51 Pete |
1OP spiking and gap filled. I am watching for signs that this bounce is exhausted. |
10:21:57 Pete |
1OP bearish cross and signs of resistance. |
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