Daily Market Analysis

2022-10-28

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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09:41:34
Pete
We are stacking green candles but the volume is light. I think much of this could be a sht sqz. Lots of bears loaded up after AMZN and they are getting sqz
09:56:06
Pete
If the SPY can hold the gains thru this bearish cycle (and it looks like it will) I will be ready to buy. We have tiny bodied candles at hod and I want to let this sht sqz run thru....
10:28:36
Pete
Long ES 3861
10:35:09
Pete
SPY > 50-day.
10:36:47
Pete
The long wicks and long tails are a reminder that conditions are going to be volatile. 
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