Daily Market Analysis
2023-06-13
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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| 09:30:03 Pete |
We have to wait for the bid to be tested and confirmed. Once we go thru that process and support is established, you can get long. A bullish market opens near the low end of the daily range and it... |
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| 09:54:14 Pete |
Bearish hammer off hod with a nice red candle to follow. 1OP spiking. If I were long overnights I would be taking gains. If you do not take gains, mentally prepare to take heat. If you are looking to enter... |
| 09:59:39 Pete |
This is a great time to find those strongest stocks. I like the long side, we just have to wait for a better entry point. THIS IS A PERFECT TIME TO SET ALERTS T-F. If the pullback does not last... |
| 10:11:53 Pete |
SPY making steady progress to the lod and some of this gap is going to fill. The number was inline and the market was prepared for a good result. |
| 10:57:10 Pete |
The SPY found support in the middle of the gap and the selling pressure did not build. I view that as bullish. I would still like to see 1OP go < 0, but this might be as much of a... |
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