Daily Market Analysis
2024-10-10
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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10:27:12 Pete |
The early bearish 1OP cycle did not produce. We tested the previous high ($574.70) and we bounced off of it. The SPY is back above VWAP and we have an entire bullish cycle to work with. I would feel comfortable... |
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10:35:14 Pete |
I mentioned the CVS 200-day MA alert two days ago. Today the stock blew thru it. On a market dip right now, you want to see it hold the lod. If it can, this could be a nice breakout and... |
13:30:17 Pete |
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