Daily Market Analysis
2024-03-26
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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| 09:57:43 Pete |
I don't want the SPY to retrace any more than this. It needs to find support at the high from Mon. We have a bullish cycle here and I want to get thru the hod. If it can do that... |
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| 10:30:35 Pete |
Long tails and wicks and mixed candles. This is a sign of indecision. The market is flat so we are not going anywhere fast today. This bullish cycle has not produced. |
| 12:45:53 Pete |
TRUST HAS TO BE EARNED |
| 12:47:15 Pete |
That was a follow up to my market forecast posts in Reddit in Oct and Dec. You all have a front row seat. Please comment. I would like to get more attendees for our live events. |
| 13:49:16 Pete |
SPY is leaking lower. It has been spending time below VWAP and this bullish cycle has not produced. The next bearish cycle is likely to produce. LPTE and bias is lower here. |
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