Daily Market Analysis
2025-02-24
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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| 09:34:44 Pete |
PRE-OPEN MARKET COMMENTS MONDAY - The market has been in a trading range for the last few months and that is often how it transitions from a bullish cycle to a bearish cycle. The economic backdrop is deteriorating and the... |
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| 09:35:01 Pete |
I believe that ISM Services could be a problem next week. Last month it dropped to 52.8 (much greater than expected). Last week the Flash Services PMI dropped below 50 for the first time in two years. We need that... |
| 09:35:10 Pete |
Good morning! |
| 09:37:40 Pete |
Yes @Yochanan: Question I know from Sunday's vid that we should pay attention to the 50% mark from Friday's action in SPY, but is that 50% mark important to watch for in an individual stock(HD for example)? View |
| 09:57:55 Pete |
Don't get too excited. We started off with some red candles and we checked the low from Friday. I would not assume that we are going to tank. Take a deep breath and evaluate. We need a breakdown and follow... |
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