Daily Market Analysis
2024-03-13
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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| 10:04:02 Pete |
Really nice rally yesterday and a close on the hod. This is a bid check. 1OP is in a bearish cycle and it is producing tiny bodied candles on the way down. Hmmmmm... what does that mean again? It is... |
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| 10:18:40 Pete |
We have signs of support and 1OP should bottom out soon. I like what I see and I would be a willing buyer soon. Not much movement lower tells me buyers are interested. This was when they would take gains... |
| 10:19:37 Pete |
We are not expecting a big up day, but we could be pleasantly surprised. If it starts to unfold, we roll with it. |
| 10:20:56 Pete |
I would be getting long here. |
| 11:22:14 Pete |
Someone posted this is not their favorite bull cycle. We're not expecting it go be. We have starter longs on and now our suspicion that this would be a dull day is being confirmed. We are NOT going to get... |
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