Daily Market Analysis
2023-03-30
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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11:35:29 Pete |
I am back. Market not able to make a new hod and we have a lower high. Seeing some wicks and I believe this bearish cycle will push us down to the lod and probably into the gap. I will... |
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13:26:28 Pete |
Benign bullish cycle. Market could not get off the deck. Is this a bearish cross? Could be. The fact that more than half of it has run without any bounce tells me that you can take starter shorts here. |
13:30:42 Pete |
If the market bounces and we get a green candle in here and 1OP crosses back up, you only have a small starter position on. You can watch the remainder of the bullish cycle and decide what to do with... |
13:33:16 Pete |
CLICK HERE TO WATCH TODAY'S VIDEO |
15:29:06 Pete |
We could see a closing push higher. 1OP had a benign bearish cycle and now we have a bullish cross pending. Also some potential for end of month buying. It is late in the day so not worth trading unless... |
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