Daily Market Analysis
2023-12-19
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
Click to expand content and reposition slider.
| 13:33:21 Pete |
SPY has tested the VWAP twice and we will have a bullish cross in the next 3 bars or so. When the market gets ahead of itself it is going to pullback. Nothing nasty, just flushing some bullish specs out.... |
|---|---|
| 13:58:46 Pete |
SPY bounced off of VWAP twice and we have a bullish 1OP cycle. This is when I would day trade a stock like ILMN |
| 11:05:15 Pete |
Normally I would caution getting long at the hod with 1OP on a bearish cross. I just don't see anyone standing in front of this freight train. The time when you have to be cautious with longs is on a... |
Limited Access Only
Become a OneOption member to view all Daily Market Comments. Please visit our Start Here page to learn more about our system and how to become a member via our Free Trial.
Start Free Trial