Pre-Open Commentary | Mar 4, 25

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:

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//Actionable Levels//
Resistance: 6025-35   
Pivot: 5923 
Support: 5780-70

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Key takeways:

Macro/Positioning changed yesterday after PMI number. Fast model is bearish now, slow is still bullish.

Hedge Pressure Index is quite compressed since yesterday. It means options market might have a bit less impact than last few weeks.

I will probably use same tactic as yesterday, wait for the price to get back to pivot or actionable sup/res areas and trade from there. Otherwise let bots trade.

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Notes:

Yesterday’s HPI signals and other option metrics.

We entered new month and new bots with a bang. 140 points trade on HPI(a) bot. Right now 2 bots are being tested on real accounts. The other two are still in the making.

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