Daily Market Analysis
2024-03-14
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.
| 09:30:21 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY – The PPI came in hotter than expected (.6% vs .2% expected). This was the highest reading since September. Retail sales came in at .6% (.8% expected) and this was a nice rebound from last month.... |
|---|---|
| 09:32:01 Pete |
Good morning! |
| 10:01:38 Pete |
Correct. Nice stacked long red candles and good volume. This move is legit and we have a bearish cross to start the day. Got to love 1OP. @lilsgymdan: respect this move it's probably not going to immediately reverse View |
| 10:57:54 Pete |
Very choppy conditions this morning. The smack down flushed out early buyers. It was only a couple of bars. Consistent red candles and a move lower over an hour would have been much more damaging and it would have signaled... |
| 10:59:18 Pete |
Bullish cycle with a higher low, then benign bearish cycle and close to VWAP would get me in passive buying mode. That will take 45 min to play out. That next bullish cycle should produce if we get this set-up |
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