Daily Market Analysis
2024-04-23
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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| 09:41:33 Pete |
if 1OP keeps going down for the next 20 min and then we get the cross while staying tight to the hod it will get my attention. If we attack the high from Mon, I would take a starter long... |
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| 09:42:33 Pete |
if you are short... good luck. Shorts are set up to take some pain and that will fuel the rally. |
| 09:49:06 Pete |
That is how we want to BLOW thru a level. Now we need to hold the breakout and add to it. That is the follow thru we want. We will have an entire bullish cycle to work with. We want... |
| 10:05:25 Pete |
We are holding the breakout, but we need that follow thru. Without it in the next few bars, the chances of falling back below the breakout increase. I am waiting for a green candle and then I would take starter... |
| 10:09:28 Pete |
Now we have the follow thru. I would take starter swing longs here and day trading longs |
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