Daily Market Analysis
2022-10-28
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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| 09:41:34 Pete |
We are stacking green candles but the volume is light. I think much of this could be a sht sqz. Lots of bears loaded up after AMZN and they are getting sqz |
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| 09:56:06 Pete |
If the SPY can hold the gains thru this bearish cycle (and it looks like it will) I will be ready to buy. We have tiny bodied candles at hod and I want to let this sht sqz run thru.... |
| 10:28:36 Pete |
Long ES 3861 |
| 10:35:09 Pete |
SPY > 50-day. |
| 10:36:47 Pete |
The long wicks and long tails are a reminder that conditions are going to be volatile. |
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