Double distribution up day in last session with clean extension above weekly composite.Odds were there for a move towards 23840/23920 which NF done very next day today with a move till 23905.
Another double distribution day.
Poor low.
Large extension singles and 4IB day - suggests buyers keen to complete the probe first ignoring fair auction and structure which could be repaired later. Unless no drive or gap for next session, balance possible after such back to back DD days.
23850 zone pivot for next session..Sustain higher means first overlap in upper disbn then push higher possible. Not able to sustain this could drop and fill extension singles of the day.
23600-23650 solid swing support now.As long as this holds, balance then later could move higher further towards 23980-24020/24200.
Levels wise for next session, move above 23910 could get 23940/23980/24020. Not able to stay above 23880 and moving below 23850 could get 23820 weak below that for 23790/23760-23745 then bounce possible back to 23790/23825/23850-23860. Staying below 23730 could be weakness further towards 23695-23680/23650.
Charts and data :
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