Daily Market Analysis
2024-01-31
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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| 09:31:30 Pete |
PRE-OPEN MARKET COMMENTS FED-DAY – The first round of earnings releases from mega cap tech companies (AMD, MSFT, GOOG) produced a negative reaction. The numbers were excellent, but the expectations were high and good news was priced in. I believe... |
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| 09:39:20 Pete |
1OP is in a bearish cycle. Let's see what it produces. |
| 09:41:44 Pete |
Financials strong today, but no hurry. |
| 09:50:29 Pete |
AMD nice bounce. Market drifting lower and stock recovered most of the losses. |
| 10:10:34 Pete |
Tiny bodied candles with long wicks and tails. We could find support here and 1OP has a bullish cross. |
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