Daily Market Analysis
2022-09-16
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
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09:34:20 Pete |
I am back and I will add to my ES short so that I have a full position |
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09:35:31 Pete |
Short ES $3869.50 Dec 1/2 |
09:39:13 Pete |
We have a D1 technical breakdown and I have an excellent entry on the first 1/2 from yesterday so I don't mind adding here. My ave entry price gives me plenty of cushion and I do not have to worry... |
09:41:25 Pete |
ES 3891 (Dec) is my ave price |
10:06:03 Pete |
Wimpy down trend with mixed overlapping candles. No worries, that was a bear div. Now we get to see what the bear cycle brings. If the downward price action does not improve during this cycle I will watch for signs... |
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