Daily Market Analysis
2023-09-21
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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| 09:33:39 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY – This morning the /ES futures are opening 35 points lower and we are seeing follow through to the post-FOMC drop. The upward sloping trendline for the SPY that started in March was broken on heavy... |
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| 09:46:44 Pete |
1OP immediately crossed down |
| 09:48:26 Pete |
This could be a gap and go down. I would like to see one green candle, but we might not get it. If that green candle is immediately hammered down it would be a sign that any attempt to squeeze... |
| 09:48:48 Pete |
I STILL DO NOT FEEL COMPELLED TO CHASE!!!!! |
| 09:50:02 Pete |
The market has been choppy as #$%^ the last 3 months. Buyers and sellers have been paired off. Buyers are not just going to vaporize. The move after the FOMC statement was choppy and it took a while for the... |
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