Daily Market Analysis

2023-06-14

Mark As Read
Mark As Read

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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09:30:01
Pete
Good Morning!
10:28:27
Pete
SPY moved thru the hod from Tues. Bearish hammer off of hod and we took out the open from the last green candle. 1OP bearish cycle. This is the dip and the bid check. As this cycle runs its course...
10:49:59
Pete
So the market marched right thru the high from Tues on the first shot. That is bullish. We are waiting patiently for a bid check and this bearish cycle has run without much of a pullback. The VWAP held. The...
11:16:18
Pete
... and there is the breakout!
11:20:55
Pete
I don't want to depress any of you who are struggling, but this is a time when you can make some hay. There are windows during the year when we have D1 price confirmation and when the market direction is...
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