Daily Market Analysis
2025-01-06
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. |
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| 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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