Daily Market Analysis
2023-05-18
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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| 09:30:19 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY - Yesterday we had a nice rally on good volume and the market was able to break through a minor resistance level. It is within striking distance of SPY 417.50. Overseas markets were up .5% on... |
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| 09:32:02 Pete |
Good morning! |
| 09:38:12 Pete |
I will be keeping an eye on the market, but really focusing on the new alerts. We are ready to roll out the new version and I am working on Phase II which gets much more involved. The goal is... |
| 09:59:47 Pete |
Nikkei higher than where it was when I started my career for the first time. |
| 10:00:44 Pete |
Buyers were NOT able to challenge the high from Wed in the remainder of the bullish cycle. I view that as slightly bearish and now we will see what the bear cycle produces. |
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