Daily Market Analysis

2025-01-27

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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09:46:59
Pete
From a shorting standpoint you want to see a very wimpy bounce with mixed overlapping candles. Let the dip buyers come in. 
09:47:30
Pete
If this was a gangbuster opportunity to get long you would see relentless stacked green candles. We are not seeing that. We have a bounce above the 50-day MA and that keeps us sidelined with shorts. You want to find...
09:50:09
Pete
The big market drop was not a mistake. It was not a fluke. It was a giant warning shot fired across the bow. I would NOT take any longs. 
09:54:36
Pete
On the long side you had to stick with day trading.  @Tech tok: Exit Long ANET - took big loss :( View
09:58:44
Pete
This compression is a sign that sellers are embracing the move lower. Buy the dippers are not able to overpower sellers and sellers will exhaust the buying pressure. Then you will get a move lower. Right now I am just...
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