Daily Market Analysis
2023-11-10
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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| 09:43:51 Pete |
First candle red. Sign of some selling. Increased chance that gap reversal might be coming. Be patient. Look for shorts first |
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| 10:10:26 Pete |
SPY entering the gap and 1OP about to cross. |
| 10:53:27 Pete |
Gradual drift lower. Downward sloping and mixed candles. Lower highs and lower lows trading channel. Ignore the bounces and let the bear cycle play out. Gap fill is likely. This is not a high probability move so you keep your... |
| 11:17:04 Pete |
Oh @#$% you got it wrong... the market just shot higher. If you look at the shorts I have highlighted JD, BMY, TGT, they are all still on the lod. This is when you would cover and take gains. This... |
| 11:59:05 Pete |
For those of you who have added HOD/LOD to your columns, you look at bearish searches and you notice there are only a couple of red dots in the entire search in that field. PFE and JWM. The market is... |
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