Daily Market Analysis

2022-08-18

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).

All Comments

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09:30:00
Pete
PRE-OPEN MARKET COMMENTS WEDNESDAY – Tuesday the SPY challenged major resistance at the 200-day MA and it was smacked down from that level. That should be expected on the first attempt after a 500 point S&P 500 rally in the...
10:33:00
Pete
After an hour of trading we know that this is going to be a slow day. Mixed candles, inside day, low volume. This is where most traders lack the discipline to do nothing. They force trades and die by a...
10:36:00
Pete
1OP is a flat as ever. Yes it is working.
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