Daily Market Analysis
2023-06-27
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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| 09:30:10 Pete |
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|---|---|
| 09:33:42 Pete |
Any new concept takes time to test and trust is established over time. I hope that you are experimenting with AVWAPE and AVWAPQ. Some stocks compress after earnings and the AWVAPE (or any other indicator) is fairly worthless in a... |
| 09:52:10 Pete |
That little attempt at a gap up was slapped down instantly. That is a sign that sellers are nearby and that we should not expect any early strength. Buyers have seen the drop from the high and they are going... |
| 13:51:27 Pete |
1OP bearish cycle was benign and we are stacking green candles on decent volume. Bullish trend day. |
| 14:54:00 Pete |
1OP is spiking and it is getting late in the day. This is when you decide if you are willing to hold day trades overnight, not when the market has pulled back from the high. This is not an "all... |
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