Daily Market Analysis
2024-07-19
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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| 09:59:22 Pete |
Exit SLB for loss. That was a trade from the live event a week ago. |
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| 09:59:49 Pete |
VXX > prior high and on hod. Keep an eye on it. |
| 10:14:22 Pete |
I am watching VXX stay elevated and the SPY has been flat during this bullish 1OP cycle. I believe any pop higher could set up a bid check. Given what I see so far, I would be looking for some... |
| 10:22:21 Pete |
DIS nice breakdown D1. Ticking lower |
| 10:26:08 Pete |
VXX still inching higher in a flat market. That is a warning sign! I would favor the short side |
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