Daily Market Analysis
2026-08-17
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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| 09:45:34 Pete |
The low from Friday is being tested and the low from Thursday is not far away. I am going to wait to see if the market can get down to those levels. They should act as magnets. That is where... |
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| 10:01:54 Pete |
We just took out the lod from Fri |
| 10:12:09 Pete |
Short META $580.00 |
| 10:14:08 Pete |
Too early to tell, but a gradual downward sloping trading channel that tests the lod from Thurs seems likely. We want to see the open from the last long red candle hold for this to unfold. |
| 10:22:06 Pete |
BTW, I have offers in to sell AEHR for $1 profit and LPTH for scratch |
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