Daily Market Analysis
2023-04-28
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
Click to expand content and reposition slider.
| 09:52:49 Pete |
I often point out technical patterns and some of you might think, "Pete is just pulling this out of his ass. He just found a day that looks similar so he thinks that pattern is going to repeat." The truth... |
|---|---|
| 09:53:14 Pete |
 |
| 09:53:32 Pete |
See any similarities? |
| 09:57:34 Pete |
What actually happens is that I see the pattern setting up and then I do a quick search back to find an example so that you can see I am making things up. |
| 10:02:08 Pete |
Given that pattern, I would be looking on the short side first. If the market grinds higher it will be a gradual float higher and we will need confirmation (long green candles with volume). The danger is being sucked into... |
Limited Access Only
Become a OneOption member to view all Daily Market Comments. Please visit our Start Here page to learn more about our system and how to become a member via our Free Trial.
Start Free Trial