Daily Market Analysis

2026-07-16

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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09:37:37
Pete
Exit Long HD $347.84 for a $4 gain on overnight swing. 
09:44:31
Pete
Three stacked reds to start the day after a gap down looks pretty daunting, but I am reminding myself that the SPY D1 is trapped in a tight range and that I should not read too much into the early...
09:45:11
Pete
It is so easy to get caught up in the early price action and overnight news. Never lose sight of the big picture.
09:53:54
Pete
You get all hot an bothered by consecutive long red candles that you forget about the D1 context. Then one long green candle wipes them all out and you remember why you have to patiently wait for your window to...
11:09:20
Pete
Nice rally and gap filled. Mixed candles and resistance, time to try the downside. QQQ RW
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