Daily Market Analysis
2024-05-21
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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| 10:03:49 Pete |
Financials are the key to any bounce today. We need to see them recover. |
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| 10:14:08 Pete |
The SPY made a new hod and JPM did not. We have a bearish 1OP cross pending and if my thesis is that financials have to lead the rally, this price action tells me to hold off on longs here.... |
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