Daily Market Analysis
2023-04-18
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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| 09:40:47 Pete |
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|---|---|
| 09:57:18 Pete |
So bearish 1OP cycle and no gap fill. In the short run that is bullish since we are near the hod. The issue is that after nice gains the last couple of days, this gap up is going to take... |
| 09:57:47 Pete |
1OP could keep dropping and now we are dipping into the gap. |
| 09:58:22 Pete |
I will be looking for shorts. I believe that is where our first opportunity will be. |
| 10:03:04 Pete |
You do NOT want to trust this 1OP cross. The dotted line is still falling and we are in the gap. 1OP could keep going down. |
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