Daily Market Analysis
2024-02-29
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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| 09:30:05 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY – We’ve seen light volume, choppy trading this week while the market digests recent gains. The news has been light and we will get major economic releases next week.The market was down slightly before the PCE... |
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| 09:30:45 Pete |
Good morning! |
| 09:56:39 Pete |
"Gee I wonder what Pete would say." Hopefully, you already know. |
| 09:59:23 Pete |
First candle was nice and green. We are testing the half-way point of that candle. Bulls want it to hold. We have wicks and a bearish 1OP cycle starting. The news was not that sensational and we've seen some selling... |
| 10:15:35 Pete |
"How the @#$% did I know this was going to happen?" Context, context, context!!! Everything leading up to this moment needed to be taken into consideration. That is what we base our expectations on. This is what I am trying... |
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