Daily Market Analysis
2023-07-19
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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| 09:34:49 Pete |
PRE-OPEN MARKET COMMENTS POSTED IN REDDIT ARTICLE |
|---|---|
| 09:36:18 Pete |
Good morning! I included charts from 2020, 2021 and 2022 so you can see what typically happens in July/Aug/Sept. This is a strong rally and there is no reason for it. Go with the flow and don't fight it. |
| 09:44:49 Pete |
AMZN was the stock I highlighted Sun. I gave specific instructions to enter when LRSI H1 < 20 and > 20. That alert was triggered yesterday an hour before the close. That was a great entry point and I would... |
| 10:07:41 Pete |
I would be cautions with longs. The temptation is to chase this strong rally. Bullish specs will be fully loaded and ready to get squeezed. Tiny bodied candles at the hod and a bearish cross pending. |
| 10:08:24 Pete |
Let me qualify that statement. I am only talking about initiating new bullish day trades here. |
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