Daily Market Analysis
2022-12-21
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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| 09:30:01 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY – The S&P 500 lost almost 10% in the last week. Yesterday there were signs of support at the low of the day and buyers defended that level. The S&P 500 is up 30 points before... |
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| 09:30:19 Pete |
Good morning! |
| 09:41:33 Pete |
Two mixed candles of decent length to start the day on light volume. "Danger Will Robinson". You should be on high alert that this is going to be a shitty, choppy day. Put your wallet back in your pocket and... |
| 09:45:10 Pete |
So we are not going to get a gap reversal. Buyers are mildly supporting the move. We are still not thru the hod from Mon. |
| 09:48:26 Pete |
SPY just tested the high from Mon. I am going to see if I can find any decent looking longs. While we wait for 1OP |
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