Daily Market Analysis
2023-10-10
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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| 09:31:21 Pete |
PRE-OPEN MARKET COMMENTS TUESDAY – The market has been able to find support above the 200-day MA. The SPY high from August 2022 was $432. We moved above that level this summer and the market was trapped in a range... |
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| 09:31:29 Pete |
Good morning! |
| 09:33:04 Pete |
I am officially back. The wedding was great so thank you for all of your blessings. It was exhausting, but I have recovered. |
| 10:17:42 Pete |
SPY held the gap up and we have a bullish 1OP cross along with a new hod. I like the long side here |
| 10:48:38 Pete |
Nice steady move higher with lots of green candles, but they are tiny. The volume is light. 1OP has a bearish cross. If you are a day trader with nice gains, you consider taking them. Wait for the bearish cycle... |
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