Gap up and higher value day in last session.Holding gap, overlap / range extn higher expected.NF got range extn higher and got lot of rollovers today then closed below dPOC.
Almost a normal day within IB range auction all day.
Poor/weak high at top with tail at low.Not clearing high and staying below VAL zone next looking for some liquidation and once done later back in value means could look for overlap in value and then squeeze higher.To avoid such liquidation, buyers should look for open higher and get drive with volume.
4th day of one time frame up.
NF swing obj remains open towards 26040/26200.Negation at 25750.Once moves above 26000 support moves to 25850.
For next session, not able to accept above 25970 and clearing 25925 could get 25895/25865-25855 bounce back to 25910/25940 if sustains bullish for 25995 and more bullish above that for 26025/26050/26080-26095.Staying below 25850 could get 25820/25790-25780.
Charts and data :
Notes :
a) Check glossary page in website if any of the terms used in the post are not clear.
b) If images are not clear, click on them for enlarged view.
Kommentare