Pre-Open Commentary | Mar 28, 25
Condensed Insight Before the Bell.
Key Orderflow and Options Levels (ES Futures):
Options Levels (middle and right chart) show significant option prices for the session. Best practice is to look for confluence between levels on center and right chart. These levels should be +/- 5 points max away from each other.
TrendPhase (SPX):
There are three types of signals on this chart, represented by small circles. Circles below price are bullish signals, above price are bearish signals.
Midterm Cumulative:
//Midterm Metrics//
Macro/Positioning: 0
OptionsTrendPhase: 1
Auction/Orderflow: -1
Alerts: -
Key takeways:
Level confluence is not perfect today, thats why I marked it with “?” as the distances between the levels are a bit more than 5 points: 5698-5692 and 5613-5606
Yesterday’s macro have not changed models, slow and fast are still bullish. Interestingly if macro score gets to +10 or higher it would change slow model to bearish for the first time since months. Next macro read is PMI next week.
As you can see price already visited support and liquidity zones on orderflow structure. My plan is to trade longs if we can break pivot.
Notes:
Recap of yesterday’s HPI and other options metrics + Orderflow Structure.
Yesterday’s orderflow and options structure.
