Skip to main content

Peter’s Premarket Perspective Friday, April 5, 2024

By Peter's Premarket Perspective

Yesterday’s rout was broad based (all sectors) and changed the tone cosiderably Large bearish engulfing candles on SPX and NDX Non true gap higher but not very far into range…

Read More

Peter’s Premarket Perspective Thursday, April 4, 2024

By Peter's Premarket Perspective

True gap higher after yesterday’s strong reversal from lows Treasury yields backing off a little bit META & AMZN got their price targets raised Buy the dip mentality still seems…

Read More

Peter’s Premarket Perspective Wednesday, April 3, 2024

By Peter's Premarket Perspective

Non true gap lower back down into yesterday’s range. The large gap down yesterday only filled partially.  Carry forward this remaining gap. Rates continue to stay firm after recent jump…

Read More

Peter’s Premarket Perspective Tuesday, April 2, 2024

By Peter's Premarket Perspective

True gap lower putting gap rules into play. Premarket weakness putting both /ES and /NQ below 8ema’s on the daily which have been very supportive up until now. Rising interest…

Read More

Peter’s Premarket Perspective Thursday, March 28, 2024

By Peter's Premarket Perspective

Small gap lower into range Yesterday’s RTH distribution closed on a spike.  Spike rules are in play and thus far  and the current premarket indication is bullish as we are…

Read More

Peter’s Premarket Perspective Tuesday, March 26, 2024

By Peter's Premarket Perspective

Solid true gap higher puts gap rules into play Unemotional, and mechanical pullback selling recently has me thinking bullish if the gap holds Economic calendar still relatively quiet Last three…

Read More

Peter’s Premarket Perspective Monday, March 25, 2024

By Peter's Premarket Perspective

Solid true gap lower as market decides it needs more conslidation of the recent rally. Senate passes six remaining funding bills to fund the entire government through September 30 Both…

Read More

Peter’s Premarket Perspective Friday, March 22, 2024

By Peter's Premarket Perspective

Small true gap lower after yesterday’s gap which failed to fill fully. Sellers yesterday seemed to be more old business than new.  We’ll see what type of dynamic we get…

Read More