Pre-Open Commentary | July 30, 24

Condensed Insight Before the Bell.

Key takeways:

One more session with no clear signal/situation (intraday). No change since yesterday, intraday trendphase signal = zero again.

Orderflow/Profile is building nice value area which as of now is neutral. One thing that stand out is definietly 5521-31 area which stops buyers for several sessions now. There is orderflow reason for that and if price pushes through it into 40s or higher, this zone will serve as a support for sure.