Daily Market Analysis
2024-08-22
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.
| 09:32:40 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY - In the last month the market sold off 10% and it rallied back. Buyers and sellers are active and they are waiting to see if the Fed Chairman confirms that economic conditions are soft enough... |
|---|---|
| 10:00:01 Pete |
Programs will test the upside and search for resistance. If we don't make a new high for the day in the next hour the programs will probe for support. Once that is confirmed we will bounce around. Your best chance... |
| 10:02:19 Pete |
I like this little AVGO breakout on volume but this level needs to hold. it is the prior high for the week |
| 10:02:57 Pete |
A nice little market drop to start the day would reveal the stocks that have true RS |
| 10:16:41 Pete |
Nice show on ZM. It has been able to hold the gains today during the market drop. I would not chase it here, but it would be on my radar. Love the D1 breakout post earn @nmrs: ZM has potential,... |
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