Daily Market Analysis

2024-04-19

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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09:30:14
Pete
PRE-OPEN MARKET COMMENTS FRIDAY - The market has been able to hold the losses from the long red candles. Typically on a big move lower, the market will rest the next day. Back-to-back sell-offs are fairly rare. When we get...
10:04:24
Pete
The market has been moving and I have been providing you with more intraday price action analysis than usual. I am going to step that back a bit. We need to see signs of support. Every rally will be challenged....
12:29:11
Pete
15:42:58
Pete
When the market is in a strong trend, you trade as if it is going to continue. You lighten up on risk when you see the upward momentum stall and you wait. This is what we did on the first...
15:43:18
Pete
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