Daily Market Analysis
2024-04-11
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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| 09:39:46 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY - The market staged an impressive rally from November through March and it gained more than 20% during that time. Buyers were aggressive and there were very few dips. In the last week we have seen... |
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| 09:40:45 Pete |
Sorry for the delay in morning comments. I wanted to get the article out. |
| 10:28:12 Pete |
This looks like an impressive drop. Don't be fooled. The volume was a little higher than average, but in the context of what i am expecting, I think we are going to find support and have some nice momentum within... |
| 10:28:39 Pete |
It means that we could trigger some sell stops here and they could gun for them |
| 10:29:49 Pete |
We get a long red candle thru support and everyone gets excited. Buyers bail when the stops are triggered and shorts see a long red candle to a new lod. That candle snaps back and then we go back into... |
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