Daily Market Analysis
2024-09-26
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
Click to expand content and reposition slider.
| 09:52:28 Pete |
Watching 1OP crest, VXX pop back and QQQ drift lower. Nothing bearish, but no signs that I want to buy yet. |
|---|---|
| 10:02:32 Pete |
Exit AA for gain. This was a naked put write that I botched two months ago. I sold the weekly puts that expired after earnings and I thought I was short the options that expired before earnings. The stock drifted lower... |
| 10:11:45 Pete |
My days are incredibly busy and I pour myself into bed. Trading is a passion and right now it is a major distraction for me. I had an urge to trade in Aug and I got my "fix". I am... |
| 10:26:57 Pete |
1OP has a bearish cross and we are in the overnight gap. No reason to get long here. $572.88 failed and we wanted to see that hold |
| 10:43:02 Pete |
1OP is still moving lower. That last long green candle got buyers excited because it tested VWAP. Look at this red candle. That is a bearish engulf. That is a sign that there are still sellers and the green could... |
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