Daily Market Analysis
2022-12-13
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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| 09:30:50 Pete |
PRE-OPEN MARKET COMMENTS TUESDAY – Let’s cut to the quick. We have been in “wait and see” mode and the market has been compressing between the 100-day MA and the 200-day MA on light volume. This is triple witching (Friday)... |
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| 09:53:02 Pete |
Great time to look for longs and to wait for this 1OP bearish cycle to run. Since 1 hour before the close Mon the S&P 500 is up 130 pts. |
| 10:01:58 Pete |
I am watching the lod and the way we attack it here. If we blow thru it, we could fill in more of the gap. Be patient with longs. Like my wife reminds me, look but don't touch. |
| 10:06:49 Pete |
Short ES 4114 1/2 size |
| 10:08:24 Pete |
/ES $4114 stop (entry) |
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