Daily Market Analysis
2024-09-16
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.
| 09:32:15 Pete |
While the current bar is forming it will place an arrow on the previous bar. This is true for M5. We wait for the previous bar to complete before we run calcs. This is critically important because we need ALL... |
|---|---|
| 09:33:27 Pete |
For an H1 trade signal, it will take us 3+ minutes to place the trade signal on the prior H1 bar so the lag component is minor for longer time frames. |
| 09:38:12 Pete |
PRE-OPEN MARKET COMMENTS MONDAY - Global markets were down a touch, but not enough to matter. It's all about the FOMC and triple witching this week. |
| 09:41:31 Pete |
So when you are trying to stay one step ahead, you are waiting for market direction to be confirmed. When you get that confirmation, you are looking for stocks that have already been heading in that direction. Be it RS/RW... |
| 09:43:12 Pete |
The answers to the puzzle are "inside". You have to figure out what the real issue is and you have to ask the right questions. Then you have to find creative ways to find the answer. |
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