Daily Market Analysis
2022-10-06
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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| 09:30:42 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY – Yesterday the market tested the bid after a very strong rally Tuesday. Buyers supported the gap down before it was filled and this sparked a nice rebound that almost closed above the high from Tuesday.... |
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| 09:38:58 Pete |
I want to see half of the long green candle hold during the last part of this 1OP bear cycle. If we loose the open during the cycle it would be bearish. If we hold the half-way point and we... |
| 09:40:48 Pete |
This is fairly bullish price action. We instantly erased the overnight loss and this could have been a bid check already. Buyers defended the rally yesterday |
| 09:43:37 Pete |
3 stacked green candles to start the day is bullish. |
| 09:46:29 Pete |
Getting the bullish 1OP cross and I am ready to buy 1X |
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