Daily Market Analysis
2022-09-06
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.
| 09:53:59 Pete |
Stacked red candles and a gap reversal during a bullish cycle. Not the way bulls wanted to start the week. ISM services in 5 min |
|---|---|
| 10:03:37 Pete |
ISM serv 56.9. Better than the 56 expected. |
| 10:04:15 Pete |
That gives the Fed more breathing room to hike. Good news = bad news. That was a solid number |
| 10:10:20 Pete |
I would be more interested in shorting a weak number. With the Fed steadfast on tightening it could be a sign that they are ignoring econ weakness. Now it tells me that the econ is shouldering the rate hikes. Good... |
| 10:11:48 Pete |
The D1 up trendline SPY is being tested. |
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