Daily Market Analysis
2023-07-25
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
Click to expand content and reposition slider.
| 09:55:27 Pete |
Mixed overlapping candles on light volume to the hod from Mon. Not a strong rally and I did not expect one. Decent price action and I still think it is ok to be long (starter positions). As far as a... |
|---|---|
| 09:57:27 Pete |
Let's get through this level. The breakout alone is not enough. We need to hold the breakout and then add to it. |
| 09:58:28 Pete |
Look at the breakout late yesterday. We do not want the breakout to leak oil. A couple of dojis at the hod are OK, but then we need to keep grinding. |
| 10:00:13 Pete |
We don't want to see bearish hammers or bearish engulfing candles. |
| 10:02:38 Pete |
1OP is extended, but that is ok. It can keep going higher. We just need to avoid any nasty candles that suggest heavy resistance. |
Limited Access Only
Become a OneOption member to view all Daily Market Comments. Please visit our Start Here page to learn more about our system and how to become a member via our Free Trial.
Start Free Trial