Daily Market Analysis

2024-10-23

Mark As Read
Mark As Read

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...
09:32:24
Pete
Good morning!
09:41:32
Pete
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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