Daily Market Analysis
2023-02-07
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 |
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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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