Daily Market Analysis
2024-02-27
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.
| 10:14:25 Pete |
You can see from the price action so far that we are not going anywhere fast. The market has not been able to lift off so there was no overnight bounce. That small attempt to open higher was immediately squashed.... |
|---|---|
| 10:19:29 Pete |
 |
| 12:24:36 Pete |
My original comments stand. Not much to say. Light volume downward sloping trading channel M15 and we are still in it. We will continue to drift lower until we see that selling climax. If by chance we breakout above the... |
| 13:02:25 Pete |
We could see that selling climax in here. Watch for long red candles and then a bullish hammer or a bullish engulfing candle. That pattern does not mean buy, it just means that the lod could be in and we... |
| 14:01:12 Pete |
I suspect Warren might have more AAPL stock for sale. AAPL gets 21% of its iPhone revenues from China and they are a mess. Youth unemployment at 20%+. The middle class who can afford those phones have been gutted. They... |
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