Daily Market Analysis
2023-11-09
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.
| 09:34:47 Pete |
OPENING MARKET COMMENTS THURSDAY - It's all about the 100-day MA. We are within striking distance of it. Do we have enough "punch" to get through it or will that provide some resistance. There isn't much to drive the market.... |
|---|---|
| 09:38:01 Pete |
1OP is cresting to start the day and Those are a couple of long candles indicating that there is some resistance. |
| 09:47:54 Pete |
Based on the resistance I see at the hod and the pending bearish cross, I am going to look for some weak stocks to start the day. |
| 09:48:47 Pete |
I am not particularly bullish or bearish from a day trading standpoint. Just trying to prepare for where our first opportunity might be. |
| 09:56:03 Pete |
When you are looking for D1 shorts, you want the stock to have been in a down trend and for the bounce off of the recent low to be meager. The market tried to drag the stock higher by its... |
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