Daily Market Analysis
2022-12-23
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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09:37:57 Pete |
I am just thinking about the trading today, not longer term. The best scenario in my eyes is a wimpy test of support. We get a little retracement and signs of support. The bounce yesterday had some punch so I... |
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09:39:44 Pete |
I am finishing an article that has taken me a week to write. That my be where I focus my attention today. If I see something, I will comment |
09:44:28 Pete |
You see these two long candles that cancel each other and you should be on high alert for sloppy trading. The only exception to that would be another stacked green candle right here. Then it would signify a probe for... |
09:46:52 Pete |
If you took the last two candles and you combined them mentally the M10 candle would be a doji with a long wick and tail. That = indecision |
10:00:48 Pete |
Consumer sentiment just came out |
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