Daily Market Analysis
2022-12-30
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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| 09:37:20 Pete |
PRE-OPEN MARKET COMMENTS THE LAST TRADING DAY OF 2022 – The NYSE will ring the closing bell with vigor today as traders say “good riddance” to this bear market. The vast majority of traders who proudly boasted their gains a... |
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| 09:40:24 Pete |
Market analysis. Expect an "inside day". If we are going to get any movement, it will happen early. |
| 09:43:14 Pete |
We quickly gave back a lot of the gains from yesterday, 1OP is in a bearish cycle. Let's see what it does and what kind of candles we have. The best early scenario is that the market starts to show... |
| 10:53:09 Pete |
Long ES 3847.50 1/4 position |
| 10:55:09 Pete |
I like the higher lows and the bullish 1OP cross. This has a good chance of pushing us into the gap. It needs to happen by the time 1OP crosses zero. That is not a steadfast rule or anything, it... |
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