Daily Market Analysis

2025-04-23

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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09:31:58
Pete
PRE-OPEN MARKET COMMENTS WEDNESDAY - Two days ago it felt like the world was falling apart. The market tanked and Trump was going to fire Powell. Tariffs were going to squash economic activity and inflation was going to reignite. This...
09:32:06
Pete
Good morning!
09:42:27
Pete
The  previous candle had a long wick and a long tail. That is a sign of volatility. I suggest waiting. 
09:55:13
Pete
These are mixed overlapping candles. This is not a strong move higher and I don't trust it. The market has moved to far too fast. If I see a bearish engulfing candle off of the hod, I would even consider...
10:16:17
Pete
Short /ES 5468
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