Daily Market Analysis

2022-10-19

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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10:04:21
Pete
SPY is struggling to hold the lod from Tues and we have a bearish 1OP cross. $366 is the next support and if we take out the low from Tues we could trigger some sell stops and test it. so...
10:05:19
Pete
Chinese stocks weak
10:14:04
Pete
Ran Custom Search. Heavy volume Today, < prior day low and option liq > -4. List is much longer than bullish counter part. 
10:37:05
Pete
If the open of the last long green candle fails you can short weak stocks. we have a bearish 1OP cross. 
10:37:20
Pete
This is going to be a dull day based on the early action so keep it light
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