Daily Market Analysis
2024-04-24
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.
| 10:07:51 Pete |
Noticing FXI. China has been a weak spot and this index is breaking thru horiz resist and some trendlines. Resting just below 200-day MA. A breakout there can only be good for global markets... if it happens. |
|---|---|
| 11:06:41 Pete |
No need to rush into longs. We don't have proof of support. We are resting at VWAP from Tues. We were expecting a slow day ahead of news and that looks likely. Sellers have been active the last few weeks... |
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