Daily Market Analysis

2023-09-28

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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10:00:08
Pete
1OP bullish cycle is completing. If the market can't add to that nice green candle we will stall at the high from Wed and then we could see some selling. There is nothing to really lean into except that the...
10:15:58
Pete
GOOG, META and NVDA treading water the last week with market down. AMZN, AAPL, TSLA and MSFT weak. Without these stocks, the market is going to have a tough time moving higher. This is 1/4 of the entire index.
10:17:23
Pete
1OP bearish cross in the next bar. Market not able to challenge the high from Wed and we are seeing some red candles. It does not look like the market will be able to get through and I would focus...
10:21:22
Pete
AMZN D1 is weak. 3 Low+ breaches and < 100-day MA. Gap down and not able to close the gap with market higher. Stock < prior low. 
11:15:55
Hariseldon
Unless we get a nice move down here I think we are going to be stuck in an LPTE
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