Daily Market Analysis
2023-03-09
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
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| 10:33:41 Pete |
Yes. FXI < 100-day MA @Auto: Chinese stocks are good to keep an eye on. The price action may not be ideal right now on some of them but they're showing nice weakness on the D1. I am looking at... |
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| 10:36:55 Pete |
I am back and I can see that I did not miss much. We are getting the pattern I mentioned. 1OP finished the bullish cycle and the market was not able to advance much. We saw some wicks at the... |
| 10:38:01 Pete |
The big takeaway is that the volume is light today. |
| 10:49:50 Pete |
China's CPI and PPI were light. Isn't that what we want? Why is their market dropping? Careful what you wish for. Now the worry is that prices are falling because demand is light. My take away is that you would... |
| 10:50:37 Pete |
Short ES 4013 |
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