Daily Market Analysis
2022-12-15
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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09:40:22 Pete |
SPY is only $1 from the 100-day MA. That is 10 S&P points and in striking distance. |
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09:45:10 Pete |
No stacked red candles. Tiny bodied candles. This is a sign that there is a bid here. Price action stubborn both ways. 1OP continuing higher. This is when bulls would want to see a bounce into the gap. |
09:46:18 Pete |
Short AAPL 139.60 |
09:47:04 Pete |
I have no SPY trade here, but I might as well give you a stock I like short. That AAPL trade came off of an alert line I set |
09:57:57 Pete |
Exit AAPL $.40 gain |
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