Daily Market Analysis
2024-04-17
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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| 09:32:05 Pete |
THE MARKET IS GOING TO BOUNCE. THE MARKET IS GOING TO BOUNCE. THE MARKET IS GOING TO BOUNCE. |
|---|---|
| 09:32:30 Pete |
Everybody clear on that point? |
| 09:32:53 Pete |
We just don't know how deep the dip is going to be or how long it will last. |
| 09:33:31 Pete |
We need that information. It is waaaaaay too early to be calling for a market top and those shorts are going to get @#$% |
| 09:34:44 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY - This is a time for evaluation. I have been stressing this for the last 10 days. The market was going to probe for support. I was fairly certain of that based on the red engulfing... |
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