Daily Market Analysis
2022-11-29
Review our intraday commentary to learn how we interpret price action and build a market narrative.
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Abbreviated Comments View all
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| 09:30:04 Pete |
PRE-OPEN MARKET COMMENTS TUESDAY – From a technical standpoint the SPY is resting between the 100-day MA and the 200-day MA and the volume is extremely light. Year-end seasonal strength has produced a wimpy little bounce that can quickly be... |
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| 09:30:19 Pete |
Good morning. |
| 10:05:34 Pete |
I would like to see the lod from Mon hold during this bearish 1OP cycle. I don't want to see any organized selling or red bars thru the lod. If the lod holds, I would start considering the long side... |
| 10:07:28 Pete |
Know that I do not have a directional bias. I simply believe that the chop will continue. Once we test the downside and rest, we are likely to test the upside. After we test the upside we are likely to... |
| 10:22:08 Pete |
FYI I have GTC alerts below FXI. I am looking to re-enter that short. The higher it goes the better. I will keep placing my alerts at higher levels. My thesis is that China is the weakest link and if... |
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