Daily Market Analysis
2024-06-14
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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09:51:05 Pete |
FYI, weakness in Euro markets overnight. France in particular (-2.4%). Politics related. |
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10:40:40 Pete |
I can see that many of you are shorting today. I have seen better price action for day trades on the short side the last few days |
10:50:52 Pete |
This is a very low quality market decline. Long mixed overlapping candles. Buyers are not far away. We just need to establish support. Until then, there are some attractive shorts. From the long side I would want to see this... |
11:18:10 Pete |
If we get thru this bearish cycle with the lod still intact, I feel you can start to try some longs. |
11:18:24 Pete |
The market is not going to go far either way today |
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