Daily Market Analysis
2024-06-13
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.
| 09:31:13 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY - The market gapped higher yesterday when the CPI came in at .2% (.3% expected). The gap up held and hawkish remarks from the Fed did not spoil the rally. This morning the PPI came in... |
|---|---|
| 10:36:57 Pete |
If we easily breakdown and go into the gap in the next few bars, that would be bearish. The selling pressure has been steady from the open and we can see that from the consistent red candles. 1OP is still... |
| 11:32:56 Pete |
This bullish cross looks pretty good. The market was not able to take out the lod from Wed and it found support. I would feel even better if it got above VWAP |
| 12:23:10 Pete |
1OP bearish cross and a rejection from VWAP. I believe we are going to make a new lod here. |
| 15:32:06 Pete |
The first goal is not to get blindsided by a move. That is why we pay attention to the news that is coming out. When you do get blindsided, often there is nothing you could have done to avoid the... |
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