Daily Market Analysis

2024-07-25

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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09:30:55
Pete
This is a process and you can't will yourself through these stages. They come with time and experience. Having large positions on can be scary, but it is very necessary. The way you get there is by adding to winners...
10:04:17
Pete
Heavy Selling has lots of great shorts. QCOM, DELL... Big tech breakdowns and follow thru selling. As long as you have that you are on the right side. Take starter shorts and add on follow thru
10:04:59
Pete
I am going to be here, but I am testing new servers that we have online so I will be busy with that. 
10:17:00
Pete
So you have some starter shorts on. Good. You know that back-to-back big down days are not common. they are more common near an all-time high, but still not that common. You have a bullish 1OP cycle here so you...
10:18:01
Pete
Remember, our ideal set up was a gap up early with an attempt to bounce. That we could have aggressively shorted on the notion that we would at very least test the low from Wed. We did not get the...
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