Daily Market Analysis
2022-09-09
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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| 09:32:42 Pete |
Evan's is first Fed speak in 30 min so be aware. |
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| 09:38:20 Pete |
I can tell you 6 minutes in these are not stacked green candles. This candle retraced half of the long green candle. This does not mean we won't go higher, but it does tell me that institutions do not feel... |
| 09:44:54 Pete |
Given the lack of stacked candles and Fed speak from purely an SPY standpoint, prudent to wait. |
| 09:54:49 Pete |
Gap up and 100-day MA is holding. That is bullish. |
| 09:56:05 Pete |
1OP just crossed so we have that working. Any breakout to the upside I would join after Evan's starts speaking. Any drop below the lod I would hold off and expect some gap fill. |
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