Daily Market Analysis
2024-11-13
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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| 09:43:52 Pete |
I am just watching the price action. If I see something interesting I will post. I am working on an article for Stock Second/Technical/Short-term |
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| 09:49:48 Pete |
Long red candle. That is a warning sign. We had one of those early yesterday. |
| 10:40:24 Pete |
The dip this morning is brief and relatively shallow. Why did I suspect that this would be the case? You don't have to guess, I told you why in my pre-open market comments. |
| 10:44:47 Pete |
If you compare the M5 chart yesterday and today, you will notice some differences. The candles are longer today and so are the tails and wicks. The price action is much choppier today. Yesterday it was fairly orderly on the... |
| 10:46:19 Pete |
Yesterday the SPY was distancing itself from VWAP. Today it is staying close. |
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