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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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Peter’s Premarket Perspective Friday August 11, 2023

By Peter's Premarket Perspective

Market continues to plod lower in a halting manner.  Sector divergene continues to be the ruling reason. Value has been essentially unchnaged for three RTH sessions. Price action remains driven…

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Peter’s Premarket Perspective Thursday August 10, 2023

By Peter's Premarket Perspective

Very two sided action with large round trips leaving value unchanged. CPI pushed futures slightly out of range but not by much.  Reading was flat and at consensus. Price action…

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Peter’s Premarket Perspective Wednesday August 9, 2023

By Peter's Premarket Perspective

True gap higher on net long overnight inventory. Yesterday had decent expansion of range with a high close but without value or POC migrating higher. Nasdaq tested a key trendline…

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