Daily Market Analysis

2023-09-01

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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09:36:13
Pete
GOOD. That is a good start and it is proof we did not have to chase
09:46:19
Pete
This is a serious round of selling and we have not seen the bearish cycle yet. There is no reason to buy. These are long red candles and they will take time to resolve.
09:48:07
Pete
Could this be a bearish trend day? The price action so far is what you have to lean on and it is possible. My heart tells me the number was goldilocks and that is not going to happen, but what...
10:16:25
Pete
Super stressed today. I need to take a step back and gather myself. I like the bounce. Good height. I would be a buyer here. We know that sellers are not going away so don't look for a rocket shot. 
13:29:16
Pete
Good short setting up here. We should challenge the lod. Gap reversal and bear trend day. 1OP bear cross
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