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Peter’s Premarket Perspective Thursday August 31, 2023

By Peter's Premarket Perspective

Buyers continue to control into end of month. Overnight activity has 45 degree line low so should be considered secure until it’s not. True gap higher although o/n invnetory is…

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Peter’s Premarket Perspective Wednesday August 30, 2023

By Peter's Premarket Perspective

Confidence came back in a big way yesterday with yesterday’s trending session; let’s see if it lasts? Overnight retracement into range has been relatively small thus far. Yesterday’s RTH activity…

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Peter’s Premarket Perspective Tuesday August 29, 2023

By Peter's Premarket Perspective

Low confidence malaise setting in, maybe ahead of long weekend Non true gap lower on very balanced overnight inventory Value was clean to upside yesterday so let’s see if there…

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Peter’s Premarket Perspective Monday August 28, 2023

By Peter's Premarket Perspective

Gapping up close to RTH High Overnight distribution has 45 degree line which could be secure Overnight inventory is 100% net long Friday’s reversal after a new two day low…

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Peter’s Premarket Perspective Thursday August 24, 2023

By Peter's Premarket Perspective

True gap higher on NVDA earnings Overnight Inventory is 100% net long but well off of ONH Yesterday’s strength broke downtrends in /ES  and /NQ Pre Market Indications Opening In/Out…

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Peter’s Premarket Perspective Tuesday August 22, 2023

By Peter's Premarket Perspective

Continuation this morning off of of the strong upside reversal from yesterday. NVDA continues to be the 12th sector in the SPX apparently.  Watch it closely as an internal. True…

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Peter’s Premarket Perspective Monday August 21, 2023

By Peter's Premarket Perspective

Signs of reversal on Friday, but with little change to tone or trend.  Value was clean to the downside. True gap higher this morning on balanced overnight inventory.  Market is…

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Peter’s Premarket Perspective Friday August 18, 2023

By Peter's Premarket Perspective

Large true gap lower.  Gap rules are in play. Value area stretched down to LOD yesterday indicating stronger selling. Key support level in NDX will break today. China concerns are…

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