Daily Market Analysis

2025-03-24

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).

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09:31:58
Pete
PRE-OPEN MARKET COMMENTARY MONDAY - If you believe that the market sell off was primarily caused by the threat of tariffs, you will rejoice this morning. Trump is going to hold back "some" tariffs. What does that mean? Which ones?...
09:32:23
Pete
From a day trading standpoint I feel like the bounce this morning could still be influenced by triple witching and a reaction to the FOMC statement last week. This move feels "fluffy". Stacked red candles in the first 30 minutes...
09:49:26
Pete
We just want the fast line 1OP1 to flatten out especially after a recent big move.  @Mokki: Question Hi all, I am currently reading the section on day trading the 10P indicator.  I have a question regarding the attached chart. In the...
09:50:46
Pete
Only about 10 /ES points from the 200-day MA. Not much room for longs before we hit that level. Best to wait and see. I would expect to see some resistance there. 
09:52:46
Pete
SBUX was the highlighted short in the video yesterday. Is it up big? No. Would I short it here? No. Why the heck would I do that when the market is in rally mode? We need to wait for the...
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