Pre-Open Commentary | Dec 16, 24 (March 25 contract switch)
Condensed Insight Before the Bell.
//Midterm Sentiment//
(days)
TrendPhase: Bullish (Nov 26)
Orderflow: Neutral (Dec 13)
------------------------------
(weeks)
Positioning: Neutral/Bearish (Nov 22)
Dealers: Neutral (Oct 30)
------------------------------
(months)
Seasonality: Bullish (Oct 1)
//Longterm//
(Years)
Great Cycle: Bullish (since March 2020) until 2027/2028Intraday TrendPhase: Bullish
------------------------------
//Actionable Levels//
Resistance:
Support: 6120Key takeways:
Packed week ahead, opex, futures rolling, fomc, and some data…
I switched to march contract as volume will probably get bigger on today’s session on march one.
Bullish intraday trendphase so taking long opportunities.
Yesterday’s Intraday Trading Recap:
Very nice triple green cluster on nq which actually was the bottom for the session. Probability Map study is definietly going to be in the arsenal for 2025 since it works now on many markets. On sessions when options or orderflow are neutral or hard to spot opportunities, this one usually gets the job done intraday.
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).