Pre-Open Commentary | Dec 24 (shortened session)
Condensed Insight Before the Bell.
//Midterm Sentiment//
(days)
TrendPhase: Bullish (Nov 26)
Orderflow: Neutral/Bullish (Dec 23)
------------------------------
(weeks)
Positioning: Neutral (Dec 20)
Dealers: Neutral (Oct 30)
------------------------------
(months)
Seasonality: Bullish (Oct 1)
//Longterm//
(Years)
Great Cycle: Bullish (since March 2020) until 2027/2028Intraday TrendPhase: Neutral
------------------------------
//Actionable Levels//
Resistance:
Support: 5990Key takeways:
Shortened session today.
Yesterday at close we got a neutral/bullish signal on orderflow/profile. So, personally got into midterm long with smaller engagement (1/4 of normal position).
Intraday, flow/ladder are bullish which helps to establish that position for sure.
Tomorrow markets are closed so large chunk of thursday options metrics are not going to be available - until friday.
Merry Christmas everybody!
Yesterday’s Intraday Trading Recap:
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).