Pre-Open Commentary | Mar 12, 25 (CPI)

Condensed Insight Before the Bell.

Structure + Gamma Levels:

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Key Options Levels:

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SPX TrendPhase:

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Midterm Cumulative:

This section will undergo some redo, simplification.

//Midterm Metrics//
Macro/Positioning: 0
OptionsTrendPhase: 1
Auction/Orderflow: -1
Alerts: 1

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Intraday price levels:

//Actionable Levels//
Resistance: 5733-38   
Pivot: 5611.75 
Support: 

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Key takeways:

TrendPhase Resistance2 is now above (barely but it is) zero gamma, so from that perspective its a bottom signal - yesterday’s low and its area can still be revisited.

Auction has not confirmed bottom yet (price is breaking through pivot as we speak which will allow to anchor also long intraday trades).

Gamma is still negative at the moment.

Today is CPI data, this might change fast macro model which is still short. That would affect Macro/Positioning strategy.

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Notes:

Yesterday’s HPI signals and other option metrics.

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