Daily Market Analysis
2023-03-01
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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| 09:44:45 Pete |
FXI swing is at my entry ($29.05). If I do not get a gap reversal in the first hour I will exit. This is likely a short sqz. If the bid holds, it is a sign that it could go... |
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| 09:59:44 Pete |
ISM man will be posted in a minute |
| 10:13:56 Pete |
$200-day about 13 pts away. definitely in range |
| 10:30:14 Pete |
I would not jump the gun on what looks to be a 1OP bullish cross. blue dotted line still falling and it needs to flatten out. Volume has been heavy during drop. For longs, we would need to see a... |
| 10:31:39 Pete |
Until we see proof that buyers are interested, we have to favor the short side. We are not far from the 200-day and it will act as a magnet. |
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