Daily Market Analysis
2024-12-05
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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| 09:44:33 Pete |
It takes time for the programs to evaluate the price action. You shouldn't be trading the first 30 minutes anyway. @Obi: Good Morning Everyone. Had a bit of a doubt; I used to think there was an issue on my... |
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| 13:28:32 Pete |
This price action is a reminder that there's not a lot of buying or selling right now. Programs can drive this thing either way at will. |
| 14:06:48 Pete |
Three tests of this same support level. We are likely to see a red candle thru it to trigger sell stops. That was a pretty swift little move off of the high so this move could gain traction on the... |
| 14:29:58 Pete |
Here's the issue. When you flip charts your brain zeros in on certain relationships. "Oh look that one touched the EMA 8 and it took off." The more charts you flip the more you notice it. What you don't notice... |
| 15:01:07 Pete |
Come on, come on, come on... you know you want to make a new lod. Let's get it over with. |
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