Daily Market Analysis
2024-02-02
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.
| 10:05:46 Pete |
The market is trying to advance, but these are pretty tiny bodied candles. I would prefer to see a drop. Even if just to fill the gap. That will help us find RS. At this stage I also feel that... |
|---|---|
| 10:08:13 Pete |
The high from the week is not too far above and we are seeing resistance before we even get there. We have a bullish cross and that is nice, but I am just not seeing the price action we need... |
| 10:09:36 Pete |
If we wait, we could get a pullback. If we don't get a pullback, we have confirmation that buyers are interested and that the gains overnight have held. This would also be a sign that they are not that worried... |
| 10:42:23 Pete |
Nice gradual grind higher. This looks good. |
| 10:58:12 Pete |
AAPL with a nice gap reversal |
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