Daily Market Analysis
2023-03-23
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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| 09:51:50 Pete |
Low volume for SPY. Where did everybody go? |
|---|---|
| 09:53:10 Pete |
FXI > 200-day. Chinese stocks strong. |
| 10:35:53 Pete |
1OP cycle is > 0. No cross pending, but we are seeing signs of resistance and cycle could end in next 4 bars. Lots if wicks forming and the market has not been able to advance. Volume has been very... |
| 11:05:52 Pete |
Blue dotted line for 1OP still rising. We should get a decent cross in the next 3-4 bars. Still need tech confirmation that this light volume rally has run out of gas. CHWY one of the better shorts. New lod |
| 12:17:08 Pete |
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