Daily Market Analysis
2026-03-03
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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| 09:55:24 Pete |
We are through all of the technical levels and a gradual drift lower is the most likely scenario. We are seeing some overlap. I am just evaluating at this stage. |
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| 10:05:02 Pete |
This is a very stubborn move lower. It is not bullish, but it is tough to get bearish with mixed overlapping candles after such a big drop. The bearish cycle still has some time to run. I want to see... |
| 10:06:06 Pete |
I feel my best shorting opportunity will come on a failed bounce. That might mean missing the initial move lower, but at least I won't have my ass handed to me if we snap back. I needed to see more... |
| 10:14:27 Pete |
One long green candle is meaningless. If you are short, welcome them. You want to see them hammered back down. If that happens, you know there is more downside. Two or more stacked greens is a sign of sustained buying... |
| 10:19:43 Pete |
I am taking some heat on my bullish swings, but I could not be happier to finally be out of that #$%^ range. |
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