Pre-Open Commentary | Mar 31, 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.

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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.

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Midterm Cumulative:

//Midterm Metrics//
Macro/Positioning: Neutral
OptionsTrendPhase: Long
Auction/Orderflow: Short

Current Macro/Positioning strategy (zoomed for last few months) - I will update this chart once a week or when new signal apears.

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Key takeways:

No confluence on options levels today.

Today I will be trading “$” levels on auction structure, first one is 5629.5. That is if we can actually get there.

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Notes:

Recap of yesterday’s HPI and other options metrics + Orderflow Structure.

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Yesterday’s orderflow and options structure.

Perfect short sequence on auction structure, support test and break, stop-run at “liquidity” levels, back to range and bounce of it to finish day heavily red.

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