Daily Market Analysis

2023-02-07

Mark As Read
Mark As Read

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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13:12:25
Hariseldon
I took the SPY 2/14 Puts $413 - $3.94 and the IWM $194 Puts 2/15 for $2.43
13:38:39
Pete
These are nice stacked long red candles on volume. Nice reversal. A move like this will typically gain traction. We are at the lod and we do not want to retrace more than half of the long red candle. If...
13:38:41
Hariseldon
Exit SPY with $3.75 Profit and IWM with $1.75 profit 
13:40:58
Pete
@Hariseldon Nice short!
13:48:24
Pete
We traded above that half-way point, but we did not close above it. This looks weak and we should see a new lod here
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