Daily Market Analysis

2023-02-15

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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13:00:49
Pete
Then you wait to see if it sets up. If not, you wait.
13:31:20
Pete
For that set up I referenced, I want to see a nice long green candle to turn into a bearish hammer or a nice red engulfing candle. Both well below the hod. This is not a fantastic trade, there is...
13:31:57
Pete
I don't know that this is a bull trap, we could blow right thru. I just see this as a good little set-up
13:44:57
Pete
This candle needs to have a long wick. If it does, game on. If it does not, we might not get the set-up
13:47:27
Pete
I would short at $412.40 if it happens quickly in the next 2-3 bars.
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