Pre-Open Commentary | Jan 21, 25
Condensed Insight Before the Bell.
//Midterm Sentiment//
(days)
TrendPhase: Neutral/Bearish (Dec 31)
Orderflow: Neutral/Bullish (Jan 14)
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(weeks)
Positioning: Neutral/Bearish (Jan 21)
Dealers: Neutral (Oct 30)
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(months)
Seasonality: Bearish (Jan 2)
//Longterm//
(Years)
Great Cycle: Bullish (since March 2020) until 2027/2028Intraday TrendPhase: Neutral
------------------------------
//Actionable Levels//
Resistance:
Pivot: 6051
Support: Key takeways:
Macro/Positioning changed to neutral/bearish as main strategy score turned to -1 from +3. That for me is a signal to at least reduce any midterm long positions by min. 50%.
Orderflow still looks bullish, watch for price related to pivot. Where are we closing from its perspective?
Crypto/BTC is still bullish or neutral/bullish from auction perspective.
Starting from tomorrow we’ll be back with full morning analysis.
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).