Daily Market Analysis

2025-03-31

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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09:49:30
Pete
I will be taking gains on my /ES swing on a nice drop. Big gains in a short period of time and I am not going to let that slip away. Will look to reload on a bounce this week.
09:54:03
Pete
LULU is the short I highlighted in the video yesterday. I would NOT short it. It has RS and it still needs to digest the losses from Fri. That could take a few days.
09:55:16
Pete
This is why we did not chase the drop on the open. That last  bar is a 20 pt /ES bounce. 
09:56:50
Pete
Exit Short /ES 5566. That was a 160 point gain on a 3X position and my ave cost was 5726. 
10:02:02
Pete
We could see a nice bounce here. We are right back above $550 support and we are in the gap
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