Daily Market Analysis
2023-11-02
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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| 09:47:22 Pete |
The market blew through the 200-day MA. Did you notice where it hit resistance? |
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| 09:50:37 Big Sha |
avwapq @Pete: The market blew through the 200-day MA. Did you notice where it hit resistance? View |
| 09:50:50 Pete |
This is a strong gap up so most of the gains should hold. I am not looking for a big reversal, but this bearish cycle will give us time to find great longs. During the cycle, we want the open... |
| 10:05:56 Pete |
Market holding the gains well during this bearish cycle. With a gap up of this magnitude there is no hurry to get long. If we get the gap and go, it will be a gradual drift higher because most of... |
| 10:11:07 Pete |
AMZN, GOOG, MSFT, META all down. The market needs these leaders!! |
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