Pre-Open Commentary | Aug 28, 24
Condensed Insight Before the Bell.
Key takeways:
No change in midterm metrics (midterm TrendPhase and Profile are still bullish, dealers neutral, positioning bearish).
Yesterday I made a mistake with NVDA earning which is actually today.
Intraday TrendPhase is neutral as retails seem to switch sentiment and bet on bearish side which defienietly makes me want to trade against them, but with this setup I need solid confirmation live.
Resistance: 5704
Support: 5618
Notes/Observations/Issues:
Pre-Open Commentary distills key takeaways from the analysis of the London GEX and Structure posts and also serves as my personal journal (sort of).