Daily Market Analysis
2024-09-11
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.
| 09:40:11 Pete |
Long red candle and 1OP spiking. I would not be taking longs here. |
|---|---|
| 09:45:27 Pete |
VXX ticking higher. Keep an eye on it. Given the volatility the last few days I would just wait and watch. There have been great moves both ways so you don't have to rush into any early decisions. |
| 10:03:26 Pete |
Stacked reds, decent volume and VXX climbing. We haven't even seen much of this bearish cycle yet. |
| 10:09:34 Pete |
I would be careful with FSLR. It is still not thru the 100-day MA and it is in the middle of a horizontal trading range. The company also does best when energy prices are high and they have been falling.... |
| 10:17:35 Pete |
VXX climbing. We just blew through the low from Mon and Tues. Market has not had a green candle today. This is legit selling and I would be taking starter shorts on weak stocks. |
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