Daily Market Analysis

2025-03-28

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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09:42:30
Pete
Exit Short TGT 103.45 for $1.30 gain on swing. I like the short, but the stock has been very stubborn and choppy  at this level. The market has been choppy this morning. On a nice drop in the stock on the open...
09:46:53
Pete
SPY is testing the low from yesterday. If we take out that support early, I will consider adding to my swing short for /ES. 
09:54:33
Pete
This is the early breakdown I want. Not too many touches at this level so not expecting any sell stops to fuel the move. Just want to make sure it is holding.
09:56:33
Pete
Short /ES 5710. My ave on 3X is 5726. My ave cost on the swing is higher than the current price so I am adding from a position of strength and not weakness
10:00:49
Pete
Consumer Sentiment dropped again (57)
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