Daily Market Analysis

2023-02-22

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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13:58:41
Pete
In 5 minutes you will hear some exciting things from the FOMC statement that we did not know - NOT. We have had so much "Fed Speak" since then. There is nothing new. They are hawkish as can be. This...
13:59:56
Pete
The CNBC talking heads will have an explanation for this move I am sure. 
10:00:05
Pete
Short FXI $29.05 long term swing as long as close < 200-day
10:12:13
Pete
OK sellers, let's see what you got. This is the test. 1OP still going down so do not assume this is going to be a bullish cross. Bears do not want to see a bullish hammer or bullish engulf. No...
10:23:00
Pete
1OP bullish cross. if no follow thru on downside this is going to be a failed breakdown. Will buy near open of long red candle.
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