Daily Market Analysis

2026-03-12

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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09:40:09
Pete
Better not to be early on the VXX trade. This is not a wimpy move lower, we are barely open. A wimpy move into the gap can be faded too. Then you would be short VXX and the rug would...
09:41:06
Pete
Only long greens that stack would reduce the odds of moving lower. Anything else and I am going to operate as if we are going down first. 
09:56:05
Pete
Bullish cycle and continued selling. Bearish div. Now we have a bearish cross. It looks like it will produce. 
10:01:33
Pete
Not getting long, but I like APD. 
10:03:40
Pete
Long greens into the gap and you know what I am doing. Anything else, I wait for this bearish 1OP cycle to run. Move lower has been stubborn, but I would still rather be late getting long than early. There...
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