NF had failed auction at top and neutral extreme down day in last session. NF opened higher above POC zone then gone down which failed to accept back in lower distribution of last session and gone for tight balance. Second session saw stealth+spike to almost get ATH zone then closed at pulled up dPOC.
Buying tail and 4IB up day.
Neutral extreme up with spike close. 25285-25415 spike zone.
Buyers need to hold around POC zone and look for balance till PDH then should move higher. Not able to do so could drop to spike low and VWAP zone then bounce possible.
On daily timeframe, 24825-24920-25070-25165 roughly expected balance and above 25165 squeeze marked. NF cleared 25165 and got clean spike today. 25100 becomes solid support for September now.
Charts and data :
Notes :
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