Daily Market Analysis

2025-01-06

Mark As Read
Mark As Read

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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11:07:53
Pete
I am back. Nice little rally. Not a lot of volume, but buyers are supporting the move so far.
11:15:01
Pete
11:15:48
Pete
From a short standpoint I don't really want to see the market go too much higher. Not worried about the position. Just watching to see how the news this week plays out.
11:24:05
Pete
This will be a gradual float higher. As long as the rally does not drift too far from VWAP it should keep grinding.  Only risk would be a big move higher. That would get slapped down. There is not much...
13:35:45
Pete
Market needs to bounce soon. If it does not get above VWAP in the next 3-4 bars, it will test the lod. If that fails, we are in the gap. Watch closely
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