Daily Market Analysis

2024-03-28

Mark As Read
Mark As Read

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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09:57:29
Pete
Bearish hammer off of the hod and tiny bodied candles as this bullish 1OP cycle concludes. I want to see some of this bearish cycle before I buy. 
10:40:24
Pete
The bid check was shallow and the candles were mixed. This was a wimpy move. The support levels I wanted to hold have held. The volume is pretty decent and some of that is end of quarter and end of...
11:38:04
Pete
Grind, grind, grind. Make a new high for the day, preserve the new high of the day. Grind, grind, grind. No big candles, no big retracements. Grind, grind, grind. That is what we want to see. $524.11 is the all-time...
12:55:31
Pete
Unfortunately, this day died on the vine. We had the potential for a breakout, but we did not get through the hod. Now it is likely that we don't move much. 
15:22:05
Pete
New all-time high. If this had happened earlier in the day we had a chance to grind higher. Oh well.
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