Daily Market Analysis

2026-06-09

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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09:51:55
Pete
I have some offers working for bullish put spreads on AVGO and BE. No fills. 
09:55:21
Pete
We have a bearish 1OP cycle and a gap up. I am not going to chase. Our best scenario is to wait for weakness and for support to be confirmed. Don't chase this gap up
10:00:59
Pete
Bearish engulf off of hod and follow thru. Be patient
10:12:15
Pete
This is the bid check we needed. Buyers want to see some selling and a firm big before they commit. That initial bounce was smacked right down. 
10:25:48
Pete
I feel the most dangerous set up is to start thinking that Friday's drop was legitimate and that this round of selling is going to take out that low. This retest sets up well for a nice bounce and if...
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