Daily Market Analysis
2024-12-30
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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09:30:17 Pete |
PRE-OPEN MARKET COMMENTS MONDAY - I've been vocal about getting to the sidelines while the market bid is still strong into year end. I am bearish and I am evaluating the price action. I can't aggressively get short until I... |
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09:42:34 Pete |
Short /ES 5938 starter |
09:46:10 Pete |
Short /ES 3934.25. Ave $3936 |
09:50:52 Pete |
I won't add from this point on. The market volume is pretty decent. As long as the SPY doesn't make any big moves down, I will ride the short. If I see a big drop, I will take gains. I... |
09:56:55 Pete |
AVWAPE and 50-day overhead on NVDA. No matter how good the candles look, there is no trade until the stock is thru those. Set a price alert and look elsewhere. @JayhawkTrading: NVDA stacking greens during this market pullback |
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