Pre-Open Commentary | Aug 22, 24
Condensed Insight Before the Bell.
Key takeways:
Nothing much to add since yesterday’s commentary. No real intraday opportunity today as sr1 and sr2 spread is rather large (20pts) which sometimes makes bullish case a bit weaker for a session.
Took some profits (50%) from yesterday’s long and left the rest added to overall midterm long.
The thing which holds me back from going all in long in midterm is basically the positioning part which is still bearish. But again, midterm trendphase and profile are bullish so im far from even closing more of tht long yet.