Daily Market Analysis
2022-08-26
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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| 09:30:00 Pete |
PRE-OPEN MARKET COMMENTS FRIDAY – Trade What You See – Not What You Feel. My indicator is telling me the market will go higher....Fed Chairman Powell will speak at Jackson Hole at 10 am ET. The market is waiting for... |
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| 09:31:00 Pete |
My morning post was pretty much an article. My heart is telling me the market will go down, but 1OP is telling me we go higher. We are on a bullish 1OP D1 cross. I need to trust 1OP. It... |
| 09:31:23 Pete |
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| 09:31:49 Pete |
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| 09:36:00 Pete |
Look but don't touch (unless you are taking overnight gains). There is no reason to take trades ahead of Powell. |
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