Daily Market Analysis
2023-05-10
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.
| 09:31:00 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY – The volume the last two days has been incredibly low and the intraday range has been a third of the 20-day average. The CPI came in at 4.9% and 5% was expected. The S&P 500... |
|---|---|
| 09:32:58 Pete |
Good morning! |
| 09:41:23 Pete |
Favor the short side. |
| 09:41:58 Pete |
That second candle was the clue. That was a giant bear engulfing candle and this reversal was likely IMO. |
| 09:42:28 Pete |
I really liked seeing all of you take gains on your overnight longs. Congratulations! |
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