Daily Market Analysis
2023-02-09
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
Click to expand content and reposition slider.
| 13:57:24 Pete |
This looks like a bearish div setting up here. |
|---|---|
| 13:58:09 Pete |
We have the stacked red candles from an hour ago supporting that. We've seen a good portion of the bullish cycle and we are still testing the lod. |
| 10:15:20 Pete |
SPY has some support, but I would still like to see some of this bearish cycle. If this is the extent to which they can fill the gap, I view it as bullish. Much of the gap has been preserved... |
| 10:16:34 Pete |
QQQ up 1.3% vs .6% for SPY. Tech looks good. |
| 10:27:27 Pete |
Finally getting that 1OP bear cycle. This is where we can gauge the selling pressure. If new lod, we will fill in more of the gap. If the lod holds, we should see a grind higher. |
Limited Access Only
Become a OneOption member to view all Daily Market Comments. Please visit our Start Here page to learn more about our system and how to become a member via our Free Trial.
Start Free Trial