Daily Market Analysis
2023-03-15
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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| 09:31:21 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY – Credit concerns are spreading and Europe is particularly vulnerable. Credit Suisse has been a “bad actor” for years and the exposure is about $600B. The bigger issue is the loose monetary policies by the ECB... |
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| 10:00:01 Pete |
Short ES 3890 half. |
| 10:00:41 Pete |
Ave $3885. This is a swing trade. Very wide stop |
| 10:19:46 Pete |
1OP is taking a nose dive here and I expect to see a new lod. If I do not, it will tell me the bid is stubborn. |
| 10:25:27 Pete |
I should also provide some perspective on scale. If I build a swing position, 1X is small. 2X is moderate, 3X is heavy. I very rarely go 4X. Swing is half of my account and that has been dormant for... |
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