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Peter’s Premarket Perspective Tuesday November 14, 2023

By Peter's Premarket Perspective

Very tight overnight range. Overnight Low is a 45 degree line; actually even flatter than one.  Assume it’s secure until it’s not. Recent highs are weak and are upside breakout…

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Peter’s Premarket Perspective Monday November 13, 2023

By Peter's Premarket Perspective

Relatively weak overnight pullback that didn’t even test the first single print section of Friday’s RTH distribution. Friday’s RTH High was right into a downtrend line on the daily /ES…

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Peter’s Premarket Perspective Thursday November 9, 2023

By Peter's Premarket Perspective

Continued balance with o/n session again almost fully within VA.  Sellers are simply not present at the moment. Overnight inventory is balanced. Yesterday saw some long liquidation but not enough…

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Peter’s Premarket Perspective Tuesday November 7, 2023

By Peter's Premarket Perspective

Another very tight overnight range, this time on 100% net short o/n inventory.  Same inference as yesterday with sellers not being very strong and higher prices being accepted. Risk of…

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Peter’s Premarket Perspective Monday November 6, 2023

By Peter's Premarket Perspective

Very tight overnight range on balanced overnight inventory.  This tells us that sellers are not present at all and these high prices are being accepted for now Risk of liquidation…

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Peter’s Premarket Perspective Friday November 3, 2023

By Peter's Premarket Perspective

Yesterday’s gap remains unfilled.  Carry that forward in your narrative Today we have another true gap higher but on balanced o/n inventory Employment data at 8:30 is responsible for most…

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