Daily Market Analysis
2023-02-10
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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| 10:01:38 Pete |
If you are leaning more bullish, find strong stocks, but you do not enter until we see some of this bear cycle. The LOD has to hold and during that cycle you would need to see a long green candle... |
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| 10:03:29 Pete |
Those are your marching orders for the first hour. |
| 10:16:52 Pete |
TLT is holding the trendline and we have two stacked greens off of the lod. This is fairly bullish. Bears want to see these smacked down. That is unlikely since there were 2 |
| 10:17:24 Pete |
We also have a gap fill so the first move will be to test the ask. |
| 10:31:50 Pete |
TLT is back below the trendline. I would keep an eye on it. The market will have a hard time rallying if bonds break that support. |
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