Pre-Open Commentary | July 17, 24

Condensed Insight Before the Bell.

Key takeways:

Interesting situation on dealersdashboard. We had weakness period indicated by blue down triangle few sessions ago. These periods usually take about 3 sessions until we get a sign which marks end of that period (blue square). This time, insead of getting it (blue square sign), we have another triangle down, which means we are still in potential pullback (correction) period for at least two more sessions.