Daily Market Analysis

2023-01-31

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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09:58:29
Pete
SPY able to tread water while 1OP tanking. That is mildly bullish. Action is slow as expected. Volume OK so far.
13:23:34
Pete
It is slow today. In case you missed this earlier, I posted an article. Good read and critical for day trading, but long. You may need to study the charts and candles to understand the lessons.  LEARN THE FIRST HOUR...
13:25:24
Pete
The "tells" today came pre-open and your analysis should have prepared you for a slow day. We opened inside the prior day's range and the volume was light. Mixed overlapping candles in the first 45 min confirmed it.
13:29:36
Pete
I'm getting ready for my trip. I'm excited to meet Hari and Kristen. We will have a lot to discuss after the FOMC. Thursday my son and daughter-in-law have something special planned. They are both engineers for SpaceX and they...
13:37:07
Pete
I was a few days out from my trip last year and I cancelled it. Covid-19 was really ramping up and I decided not to go. Will and I were just getting started with all of our projects and there...
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