Daily Market Analysis
2023-10-11
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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| 09:35:06 Pete |
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|---|---|
| 09:35:43 Pete |
That is the video I recorded this morning. |
| 09:58:14 Pete |
So we have patiently waited and we did not chase the opening gap higher. Now we are making a new lod and our patience has paid off. This was a bullish 1OP cycle. We want to see what the bearish... |
| 09:59:04 Pete |
Obviously, if we see stacked red candles, we know that sellers do have some power here and we need to continue to wait for longs. |
| 09:59:37 Pete |
I am not expecting that type of price action, but I am not trading what I think. I am trading what I see. |
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