Daily Market Analysis
2023-12-26
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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| 13:31:54 Pete |
Gradually making higher lows and chipping away at the high from Fri. |
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| 13:48:55 Pete |
If we can clear the high from Fri we could get close to the high from Wed (hoy). That would put us within striking distance of the all-time high this week. |
| 13:49:51 Pete |
To have a shot at it we need to make steady progress today and tomorrow. |
| 10:06:07 Pete |
INTC, AMD, TSM, TXN, MU, WDC all up. Chips strong. |
| 10:20:23 Pete |
Tiny bodied candles, overhead resistance at the high from Fri and a bearish 1OP cross pending. Best to wait for some of the bear cycle to run for day trading longs. |
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