Pre-Open Commentary | Oct 21, 24

Condensed Insight Before the Bell.

//Midterm Sentiment//

(days)
TrendPhase: Bullish (Sep 17)
Orderflow: Bullish (Oct 10)
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(weeks)
Positioning: Neutral/Bearish (Sep 27)
Dealers: Bullish (Oct 21)
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(months)
Seasonality: Bullish (Oct 1)
VIX: Bullish (Sep 18)

//Longterm//
(Years)
Great Cycle: Bullish (since March 2020) until 2027/2028

Intraday TrendPhase: Neutral
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//Actionable Levels//
Resistance: 5966
Support: 5855

Key takeways:

Dealers switched to bullish as the potential bearish sequence ended (blue square under spx green plot).

Intraday key levels are rather far away for now so need live confirmations as intraday trendphase is neutral.

Regarding bonds/fractal sequence incoming short signal and youtube video, I decided to post my response in a separate post today, it will be open for all subscribers.

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Notes/Observations/Issues:

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Pre-Open Commentary distills key takeaways from the analysis of the London GEX and Structure posts and also serves as my personal journal (sort of).