Daily Market Analysis
2024-11-12
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.
| 09:31:35 Pete |
PRE-OPEN MARKET COMMENTS TUESDAY - Yesterday the market gapped up and it spent most of the day retracing. It finished right where it closed Friday. The banks were closed in observance of Veteran's Day so we expected lackluster trading.Overseas markets... |
|---|---|
| 09:36:31 Pete |
If you are long and you need a hedge, I like shorting Chinese stocks. FXI testing the 50-day MA. I highlighted BIDU in one of my videos a week ago. |
| 09:37:49 Pete |
I don't like having shorts on right now, but Chinese stocks are weak. |
| 10:14:11 Pete |
SHOP buy alert set M5 and M15. Love that breakout |
| 10:32:19 Pete |
VXX inching higher, overseas markets soft, SPY on lod. I don't see any reason to buy here. |
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