Daily Market Analysis

2025-01-29

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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10:07:39
Pete
The market probed for support and the action has been very choppy. We are in the gap now, but the volume is horrible. Lots for overlap and tails and wicks. It is very hard to trust any market move. If...
11:40:05
Pete
I haven't talked about the centipede pattern much.
11:40:16
Pete
12:30:16
Pete
If there is some type of wacky drop in JPM and I can sell the Jan (31) puts for $1.20, I will take it. That is a 50% return and I don't have the risk of holding over the FOMC....
13:03:14
Pete
That is a very long red candle
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