Daily Market Analysis
2023-09-14
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.
| 09:30:28 Pete |
Our best set up is for the rally to hold and compress for 45 min. The bullish cycle will complete and we want to see a bit of the bearish cycle. If the market can hold the gains for an... |
|---|---|
| 09:31:22 Pete |
Sellers have not been far away. Hot inflation means that central banks will not be easing anytime soon and that is what the market really wants. I would not be inclined to chase the open even on a gap and... |
| 09:33:02 Pete |
First candle is long and red and that already suggests that a gap and go is less likely |
| 09:42:09 Pete |
If this is going to be a "go-go" rally, you will see that first bar of the day recovered very quickly. If not, it suggests that sellers are keeping a lid on the rally and that they are fairly aggressive... |
| 09:47:49 Pete |
1OP rolled back over. This bearish cycle needs to produce. If the market can tread water while it completes, it would be bullish. I am just looking for clues on which way we go. |
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