Daily Market Analysis
2024-10-23
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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09:32:15 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY - Traders are waiting for mega cap tech earnings, major economic releases next week, the election and the FOMC statement. That will all play out in the next two weeks and until then, no one is... |
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09:32:24 Pete |
Good morning! |
09:41:32 Pete |
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09:43:09 Pete |
What would your results be if you bought attempted breakouts in the chart above? What would your results be if you bought dips in the chart above? |
09:45:55 Pete |
Gaps down in an upward trending market are your friend. Gap reversals provide greater profit risk/reward than gap and go's. |
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