Daily Market Analysis

2025-10-17

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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09:32:35
Pete
PRE-OPEN MARKET COMMENTS FRIDAY - The market has been able to deflect all of the bad news, but it has finally met its match. Once credit concerns start to surface, asset managers get very cautious. The warning signs are clear.In...
09:44:03
Pete
Short /ES 6647. Add
09:52:55
Pete
The market has been able to erase overnight weakness. 1OP is completing a bullish cycle. Mixed long candles are a sign of indecision. We are likely to see some volatile trading. For now, the odds of a big immediate drop...
10:00:55
Pete
Bearish 1OP cross. Let's see if it produces. Given the events yesterday with the banks and repo window I believe that there will be some risk off into the weekend especially in light of the shutdown. 
10:02:38
Pete
I have a bunch of naked puts expiring today. those positions are way OTM. I am watching my Oct (31) positions, but I have adequate protection with /ES short so my exposure is very light.
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