Daily Market Analysis

2022-09-14

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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09:44:46
Pete
10:03:43
Pete
Wimpy M5 rally with mixed overlapping candles could set up a nice little bearish 1OP cycle. That is how I would be leaning. Market not likely to have a nice bounce until support tested. No need to rush the shorts,...
10:19:17
Pete
Seeing some wicks and lower highs. We are on this bearish cycle and if you have the right shorts Ok to try them here. Just make sure you take some gains at SPY low from Tues. 
10:29:37
Pete
This is not a bad place to take partial gains on shorts. If we take out the low from Tues with ease, ride the rest of the shorts. The only thing you have to be careful of here is a...
10:35:05
Pete
If this candle holds it is a warning sign that the lod from Tues will be defended. It would be a bullish engulf. In the context of a dull range day you want to pay attention to these. As I...
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