Daily Market Analysis
2024-11-25
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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| 09:51:31 Pete |
SPY hit a little resistance and we erased the long green M5 candle. Deep breath, no hurry on longs. |
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| 09:52:21 Pete |
Duh... me. @Yochanan: This has been a problem for me; finding reliable sources for financial news. Are there ANY sources we can trust? · @Pete: I have to laugh. CNBC's take is t... View |
| 09:54:00 Pete |
We are in the gap so let's see how much of it we fill. Gaps up to a new high can be dangerous. Eyes wide open, let's be patient. |
| 09:57:39 Pete |
It's funny because I am writing an article with this EXACT SPY set-up as an example. I really want to finish it today and I am close. It is a very tough concept to explain, but I think I found... |
| 10:03:19 Pete |
We are going to probe deeper for support. We knew that from the long red candle that made a new low. The 4th candle was the first clue. We don't know how deep this drop is going to be or... |
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