Pre-Open Commentary | Dec 26
Condensed Insight Before the Bell.
//Midterm Sentiment//
(days)
TrendPhase: Neutral (Dec 26)
Orderflow: Neutral/Bullish (Dec 23)
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(weeks)
Positioning: Neutral (Dec 20)
Dealers: Neutral (Oct 30)
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(months)
Seasonality: Bullish (Oct 1)
//Longterm//
(Years)
Great Cycle: Bullish (since March 2020) until 2027/2028Intraday TrendPhase: Neutral
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//Actionable Levels//
Resistance:
Support: 6053Key takeways:
Midterm trendphase, I call it neutral starting today. We have third session - shortened one between them which is not perfect - where market went up but sr1 was below sr2 each time. Normally this should be neutral/bearish or even bearish signal, but because of the period where this comes and also that shortened session I call it neutral.
To be honest I feel a bit of relief coming into January with neutral trendphase after it being bullish for so long.
Intraday we have slight bearish advantage overall based on options flows. Ladder Bot already acted on that.
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).