Daily Market Analysis

2022-12-15

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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09:40:22
Pete
SPY is only $1 from the 100-day MA. That is 10 S&P points and in striking distance. 
09:45:10
Pete
No stacked red candles. Tiny bodied candles. This is a sign that there is a bid here. Price action stubborn both ways. 1OP continuing higher. This is when bulls would want to see a bounce into the gap. 
09:46:18
Pete
Short AAPL 139.60
09:47:04
Pete
I have no SPY trade here, but I might as well give you a stock I like short. That AAPL trade came off of an alert line I set
09:57:57
Pete
Exit AAPL $.40 gain
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